Kraken Acquires NinjaTrader in $1.5B Landmark Deal

Key Highlights:

  • Kraken to acquire NinjaTrader for $1.5 billion, the largest crypto-TradFi merger to date

  • Expands Kraken’s multi-asset trading strategy, including crypto, futures, equities, and payments

  • Grants Kraken access to NinjaTrader’s CFTC-registered FCM license, enabling U.S. crypto derivatives

  • NinjaTrader gains global reach, leveraging Kraken’s MiFID and international licenses

  • Both platforms maintain independence, offering seamless cross-asset trading experiences

Source: Business Wire

Notable Quotes:

“This transaction is the first step in our vision of an institutional-grade trading platform where any asset can be traded, anytime.”

Arjun Sethi, Co-CEO at Kraken

“Joining forces with Kraken allows us to take this vision to a global scale, expanding our reach and unlocking innovative new use cases.”

Marty Franchi, CEO at NinjaTrader

Why This Matters:

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.