{"id":18213,"date":"2025-03-20T09:33:40","date_gmt":"2025-03-20T09:33:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18213"},"modified":"2025-03-20T09:33:40","modified_gmt":"2025-03-20T09:33:40","slug":"kraken-nears-1-5b-acquisition-of-ninjatrader-to-expand-us-crypto-futures","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18213","title":{"rendered":"Kraken Nears $1.5B Acquisition Of NinjaTrader To Expand US Crypto Futures"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Cryptocurrency exchange Kraken is reportedly close to finalizing a $1.5 billion acquisition of trading platform NinjaTrader.<\/span><span data-preserver-spaces=\"true\"> This <\/span><span data-preserver-spaces=\"true\">move could <\/span><span data-preserver-spaces=\"true\">significantly expand its presence in the US crypto futures and derivatives market.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to a 19 <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.wsj.com\/business\/deals\/crypto-exchange-kraken-nears-1-5-billion-deal-for-futures-trading-business-55466346\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">March 2025 report<\/span><\/a><span data-preserver-spaces=\"true\"> from The Wall Street Journal, the deal could be officially announced as early as 20 March 2025.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The acquisition would allow Kraken to leverage NinjaTrader\u2019s registration as a Futures Commission Merchant, enabling it to offer crypto futures products to US customers.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-ai-crypto-coins\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Best AI Crypto Coins to Invest in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Kraken Expands Beyond Crypto With Plans For Equities And Payments<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The move aligns with Kraken\u2019s broader strategy to diversify its offerings across multiple asset classes, including plans for equities trading and payments.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The deal would also help NinjaTrader expand internationally, with potential growth into the UK, Europe, and Australia, sources told WSJ. Despite the acquisition, NinjaTrader is expected to continue operating as a standalone platform.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Kraken has seen strong financial performance, reporting $1.5 billion in revenue and $665 billion in trading volume from 2.5 million funded accounts in 2024. Meanwhile, NinjaTrader\u2019s futures trading tools serve over 1.8 million customers.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Kraken previously signaled plans to expand its product lineup when it shut down its non-fungible token (NFT) marketplace last November. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The potential acquisition <\/span><span data-preserver-spaces=\"true\">also<\/span><span data-preserver-spaces=\"true\"> comes just weeks after the U.S. Securities and Exchange Commission (SEC) dropped its lawsuit against Kraken on March 3. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The cryptocurrency exchange Kraken is nearing a $1.5 billion deal for NinjaTrader, a U.S. retail futures trading platform, according to people familiar with the matter <a href=\"https:\/\/t.co\/9oFX2oopZC\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/9oFX2oopZC<\/a><\/p>\n<p>\u2014 WSJ Markets (@WSJmarkets) <a href=\"https:\/\/twitter.com\/WSJmarkets\/status\/1902496460509261915?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 19, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">The lawsuit had accused Kraken of operating as an unregistered broker, dealer, and exchange, but the case was dismissed without penalties or required changes to Kraken\u2019s business model.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The regulatory environment in the US is shifting in favor of crypto-friendly policies, with President Donald Trump pledging to make the US the \u201ccrypto capital\u201d of the world. Kraken is among the firms that could benefit from this shift as it looks to expand its operations.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Founded in 2011 by Thanh Luu, Michael Gronager, and former CEO Jesse Powell, Kraken remains a major player in the crypto exchange market. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Under current CEO Amir Orad, Kraken ranks among the top seven to 15 <\/span><span data-preserver-spaces=\"true\">largest<\/span><span data-preserver-spaces=\"true\"> crypto exchanges by spot trading volume, handling daily trades between $390 million and $4.4 billion, according to CoinGecko data.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/analysis\/crypto-forecast-best-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Kraken Eyes 2026 IPO <\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Kraken is reportedly <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/news\/crypto-is-down-but-were-ipo-boys-now-everything-to-know-about-kraken-ipo-2026\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">preparing for an initial public offering (IPO)<\/span><\/a><span data-preserver-spaces=\"true\"> as early as the first quarter of 2026. The company is capitalizing on what appears to be a more crypto-friendly regulatory environment under Donald Trump.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The company recently disclosed its 2024 financial highlights, revealing $1.5 billion in revenue and $380 million in adjusted earnings, more than doubling its previous year\u2019s performance.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Kraken\u2019s public listing ambitions were <\/span><span data-preserver-spaces=\"true\">previously<\/span><span data-preserver-spaces=\"true\"> stalled by regulatory hurdles during the Biden administration. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Trump\u2019s pro-crypto stance has renewed optimism in the industry, with the president set to meet over two dozen crypto leaders, including Kraken Co-CEO Arjun Sethi, at the White House.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Kraken is finalizing a $1.5 billion acquisition of NinjaTrader, aiming to expand its presence in the U.S. crypto futures market.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">The deal aligns with Kraken\u2019s broader strategy to diversify into equities and payments, while NinjaTrader looks to expand globally.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Kraken is also preparing for a 2026 IPO, capitalizing on a more crypto-friendly regulatory environment under President Trump.<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/kraken-nears-1-5b-acquisition-of-ninjatrader-to-expand-us-crypto-futures\/\">Kraken Nears $1.5B Acquisition Of NinjaTrader To Expand US Crypto Futures<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency exchange Kraken is reportedly close to finalizing a $1.5 billion acquisition of trading platform NinjaTrader. This move could significantly expand its presence in the US crypto futures and derivatives market. According to a 19 March 2025 report from The Wall Street Journal, the deal could be officially announced as early as 20 March 2025. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18213","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18213"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18213\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}