Kraken plans to acquire NinjaTrader

altcoin chronicle

20 Mar 2025

In a strategic move within the industry, Kraken, a prominent cryptocurrency exchange, announced plans to acquire the retail futures trading platform NinjaTrader for $1.5 billion. This acquisition aims to diversify Kraken's offerings across various asset classes and expand its user base.

The deal occurs amid optimism about potential regulatory relaxation under U.S. President Donald Trump, who has shown support for the crypto sector. NinjaTrader, serving approximately 2 million traders, will continue to operate independently post-acquisition.

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China Debates Management of Seized Cryptocurrencies

Russia Advocates for Development of Domestic Stablecoins

Kraken Lays Off Hundreds Ahead of Planned IPO

Bhutan Embraces Green Cryptocurrency Mining to Boost Economy