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Kraken Completes $1.5B NinjaTrader Acquisition As Funded Accounts Jump 26% in Q1
Kraken completed its acquisition of retail NinjaTrader, a prominent U.S. futures trading platform, after announcing the $1.5 billion transaction in March. With this acquisition, Kraken aims to offer access to traditional derivatives within Kraken's platform, as NinjaTrader users will be able to explore crypto markets, according to the two companies. Kraken's Move into Multi-Asset Trading"NinjaTrader's mission has been to redefine retail futures trading, making it more accessible, cost-effective, and trader-friendly. Joining forces with Kraken allows us to take this vision to a global scale, expanding our reach and unlocking innovative new use cases," said Marty Franchi, CEO of NinjaTrader. "Together, Kraken and NinjaTrader will power the integration of traditional markets with crypto by offering cutting-edge tools and the ability to rapidly move across asset classes that the most sophisticated traders demand."
Kraken completed its acquisition of retail NinjaTrader, a prominent U.S. futures trading platform, after announcing the $1.5 billion transaction in March.
With this acquisition, Kraken aims to offer access to traditional derivatives within Kraken's platform, as NinjaTrader users will be able to explore crypto markets, according to the two companies.
Kraken's Move into Multi-Asset Trading
"NinjaTrader's mission has been to redefine retail futures trading, making it more accessible, cost-effective, and trader-friendly. Joining forces with Kraken allows us to take this vision to a global scale, expanding our reach and unlocking innovative new use cases," said Marty Franchi, CEO of NinjaTrader.
"Together, Kraken and NinjaTrader will power the integration of traditional markets with crypto by offering cutting-edge tools and the ability to rapidly move across asset classes that the most sophisticated traders demand."
