Kraken’s Expansion Plans: Reportedly Acquiring NinjaTrader for $1.5B

TL;DR Kraken is reportedly in final negotiations to acquire NinjaTrader for $1.5 billion, signaling its expansion into futures trading and a broader asset class portfolio. The acquisition would allow Kraken to enter the U.S. futures market through NinjaTrader’s Futures Commission Merchant status while maintaining the platform as an independent entity. Kraken is leveraging this deal ... source: https://crypto-economy.com/krakens-expansion-plans-reportedly-acquiring-ninjatrader-for-1-5b/