Kraken Acquires NinjaTrader

While traditional Crypto exchanges keep buying more of the same. Kraken has come out of SEC scrutiny building an empire

• Recall Kraken is the USA's second largest by volume Crypto exchange. While rumor has it that Kraken paid $1.5B for NinjaTrader, which was the USA's largest retail Futures trading platform. This acquisition rounds out Kraken offerings as NinjaTrader is CFTC & FCM registered already. Blending traditional finance offerings with Crypto. 
• Additionally, Kraken Plans to IPO in the first quarter of 2026, with the help from Citigroup and Goldman Sachs
• Last week Kraken firmed up United Kingdom (UK) regulatory stance by getting an FCA electronic money license
• Kraken will start Phase II of FTX repayments in May
• Don't overlook all the announcements from Kraken back in Nov. '24

Summary

To me this deal represents the largest ever between crypto and traditional finance offerings. Can you envision more adoption because of this, I believe so

I can only envision how wild this IPO will be. Kraken breaking all types of records (my guess, not advice).

Credits - Kraken image from WallPaperAccess.com - ALL RIGHTS Remain

      NinjaTrader image from NinjaTrader - ALL RIGHTS Remain

Disclaimer - DYOR this is not financial advice!