Kraken, a well-known crypto platform, has announced its acquisition of NinjaTrader for $1.5 billion. This deal combines traditional finance and crypto, aiming to create a comprehensive trading platform where any asset can be traded at any time.
The acquisition strengthens Kraken's presence in the U.S. futures market for both traditional and crypto trading while advancing its ambitions for equities trading and payment solutions. NinjaTrader will continue to operate as a standalone platform, but its clients will benefit from Kraken's extensive resources and global reach.
You guys can read the official press release here: Kraken to Acquire NinjaTrader: Introducing the Next Era of Professional Trading | NinjaTrader