NinjaTrader , a Chicago-based company offering futures trading solutions, recently agreed to be acquired by cryptocurrency trading platform Kraken in a deal worth $1.5 billion. NinjaTrader serves almost 2 million users with retail futures trading tools. The acquisition with Kraken enables it to expand its reach globally.
Kraken offers a professional trading platform that’s available 24/7. Its goal is to help further global crypto adoption to enable broader financial freedom and inclusion. Adding NinjaTrader’s suite of tools to its solution allows Kraken to offer crypto futures and derivatives in the U.S.
The acquisition will also accelerate NinjaTrader’s expansion into the United Kingdom, Europe and Australia, as well as enable Kraken to offer trading solutions for both traditional and crypto markets. Following the acquisition, NinjaTrader will operate as a standalone platform within Kraken’s suite of trading and payments apps. Both of the companies’ clients will gain the ability to trade crypto, futures and traditional financial products.
