Kraken in $1.5 Billion Talks to Acquire NinjaTrader
Kraken, a leading cryptocurrency exchange, is negotiating to acquire NinjaTrader, a U.S.-based retail futures trading platform, in a deal valued at approximately $1.5 billion.
The potential acquisition would expand Kraken’s market presence in the U.S., facilitating the offering of cryptocurrency futures and derivatives, without causing significant cryptocurrency price changes.
Kraken Targets $1.5 Billion NinjaTrader Acquisition
In a strategic move, Kraken aims to acquire NinjaTrader for $1.5 billion. This acquisition could permit Kraken to leverage NinjaTrader’s registration as a Futures Commission Merchant. Reports suggest the deal conclusion as early as March 21.
This potential acquisition would significantly impact Kraken’s U.S. operations, allowing the offer of cryptocurrency futures. As of now, formal statements from Kraken or NinjaTrader remain absent, but the industry is keenly observing developments.
“In the Arena, futures traders can now put their skills on display in a risk-free sim environment for the chance to win cash and bragging rights—all while being part of our vibrant, growing community of more than 1.9 million users.” — Martin Franchi, CEO, NinjaTrader
Bitcoin Trades Between $79,107 and $83,745 Amid Developments
The latest price data indicates that Bitcoin is currently trading at $81,530.00, experiencing a fluctuation between $79,107.00 and $83,745.00. Analysts suggest that this trend aligns with previous market movements, reinforcing historical price patterns.
Experts believe this move positions Kraken for increased market influence in the U.S. futures and derivatives sector. By integrating NinjaTrader’s capabilities, potential regulatory benefits may arise, alongside an expanded customer base. Such acquisitions highlight the ongoing evolution in the crypto market landscape.
Kraken Follows Historical Acquisition Patterns in Crypto Markets
Similar past acquisitions include Kraken’s 2025 purchase of a Cyprus firm to secure a MiFID license, showing a pattern among crypto exchanges to broaden their regulatory reach. This strategy mirrors Coinbase’s acquisition in Europe for market expansion.
Industry experts anticipate the acquisition could lead to enhanced market offerings and regulatory advantages for Kraken in the U.S. market. If confirmed, the deal represents a calculated effort to integrate traditional finance with crypto innovations, continuing the sector’s trajectory toward financial inclusivity.
The post Kraken in $1.5 Billion Talks to Acquire NinjaTrader appeared first on Kanalcoin.
Filed under: News - @ March 20, 2025 4:19 am