Kraken acquires NinjaTrader to expand trading options, enabling access to both traditional and crypto markets on unified platforms.
Kraken acquires NinjaTrader to expand trading options, enabling access to both traditional and crypto markets on unified platforms.
Kraken acquires NinjaTrader, marking a significant milestone in the company’s strategic growth. This move strengthens Kraken’s presence across both the traditional and crypto trading landscapes, aligning with its broader goal of creating an institutional-grade platform where users can trade any asset at any time.
As part of this development, Kraken announced that crypto traders will soon gain access to traditional derivatives directly through its trading platform. Conversely, derivatives traders using NinjaTrader will be able to explore crypto markets, ensuring a more interconnected and versatile trading experience.
Moreover, Kraken revealed plans to introduce more asset classes, including stocks, prediction markets, and options, across both platforms. Already, Kraken has begun offering its users commission-free trading on more than 11,000 U.S.-listed stocks and ETFs. This broader offering signals Kraken’s intent to blur the lines between traditional finance and digital assets.
According to the company, “This acquisition is more than an expansion; it’s a step towards redefining the future of trading.” In addition, NinjaTrader is expected to benefit significantly from Kraken’s international footprint. By leveraging Kraken’s global network of regulatory licenses and operational platforms, NinjaTrader aims to scale its futures trading services to global markets.
Despite the integration, Kraken will retain NinjaTrader as a standalone platform under its larger suite of trading and payments applications, ensuring continuity for existing users while enhancing future capabilities. Financial and legal support for the deal was robust. PJT Partners acted as financial advisor to Kraken, with Jones Day and Lowenstein Sandler providing legal counsel. Meanwhile, Jefferies advised NinjaTrader financially, and Choate, Hall & Stewart LLP, along with Katten Muchin Rosenman LLP, provided legal guidance.
Looking ahead, Kraken plans to integrate NinjaTrader’s functionalities into both Kraken Pro and Kraken Desktop, making it easier for users to access a wide range of assets within a unified ecosystem. With this acquisition, Kraken positions itself not just as a crypto exchange but as a comprehensive, cross-asset trading hub for the modern investor.
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