Story Highlights

• Kraken acquires NinjaTrader in $1.5 billion expansion deal.

• Kraken enters U.S. futures market with FCM license.

• NinjaTrader users gain access to Kraken’s crypto liquidity.

Kraken, a leading cryptocurrency exchange, has agreed to acquire NinjaTrader for $1.5 billion. NinjaTrader is a U.S. retail futures trading platform. The deal enables Kraken to grow its customer base by entering new investment categories.

Through this acquisition, Kraken maintained solid control as an around-the-clock trading platform. Kraken establishes itself as the leading provider of U.S. futures trading services which cover both cryptocurrency assets and conventional market instruments. The agreement advances Kraken in delivering equities trading services and payment capabilities to markets.

The platform NinjaTrader was established in 2003 to serve trading tools to approximately two million traders worldwide. The company maintains status as a Futures Commission Merchant FCM which is registered by the CFTC. As part of this transaction Kraken added a new accomplishment by uniting the largest traditional financial structures with crypto operations.

Kraken Users to Get Pro Trading Tools with NinjaTrader

Kraken secures multiple important advantages following its acquisition. It can provide crypto futures and derivatives throughout the U.S. because the FCM license held by NinjaTrader enables this capability. The global licenses owned by Kraken allow NinjaTrader to expand its operations between the U.K., EU and Australian markets.

The new system will enable trading of three asset categories starting from cryptocurrencies up to futures and ending with conventional financial instruments. Customers gain access to both NinjaTrader’s professional trading platforms and Kraken’s powerful crypto liquidity through this acquisition.

The acquisition remains crucial to Kraken’s business strategy according to its co-CEO Arjun Sethi. Traditional market operations occur through banking systems that remain outdated according to his analysis. The systems operate with restricted trading periods and require time for settling transactions. The crypto market features instantaneous and efficient execution unlike conventional markets. Sethi declared this strategic move as the initial phase of developing a platform that allows trading any asset with immediate effect.

The financial sector is undergoing a significant transformation because of this business agreement. The deal bridges modern crypto transactions with conventional financial systems. Many traders will monitor the subsequent growth of the new multi-asset platform that Kraken will launch.