Kraken Acquires NinjaTrader in $1.5B Landmark Deal
Slice of Finance Team
Mar 27, 2025
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
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
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.
