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Kraken’s Potential $1.5 Billion Acquisition of NinjaTrader May Expand Futures Trading Opportunities
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Kraken is reportedly in advanced talks to acquire NinjaTrader for $1.5 billion, aiming to expand into futures trading.
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The deal would enable Kraken to offer crypto futures and derivatives in the US via NinjaTrader’s Futures Commission Merchant status.
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NinjaTrader will continue operating independently within Kraken’s portfolio, while Kraken aids its global expansion into markets like the UK and Australia.
Kraken’s potential $1.5 billion acquisition of NinjaTrader highlights its aim to enter the futures trading market and broaden its asset offerings.
Is Kraken About to Make a $1.5 Billion Move into Futures Trading?
Neither Kraken nor NinjaTrader has officially confirmed the negotiations. However, sources close to the situation told The Wall Street Journal that the deal could be finalized as early as March 20.
“A deal would allow Kraken to offer crypto futures and derivatives in the US thanks to NinjaTrader’s registration as a so-called Futures Commission Merchant,” WSJ reported.
US-based NinjaTrader would reportedly continue to operate as an independent platform within Kraken’s broader portfolio of trading and payment solutions. Kraken is also expected to play a key role in accelerating NinjaTrader’s expansion into new international markets, including the UK, continental Europe, and Australia. As per WSJ’s report,
“The deal would help Kraken build on the company’s goals to work across several asset classes, including plans for equities trading and payments.”