This acquisition marks a major step toward integrating traditional finance with digital assets, positioning Kraken as a central hub for professional, always-on, multi-asset trading. It also brings regulatory firepower and advanced trading tools under one umbrella, enabling Kraken to accelerate its presence in U.S. futures markets and beyond. As the largest TradFi-crypto merger to date, it signals a future where asset classes converge seamlessly on unified, global platforms.