Kraken, a globally known crypto trading platform, has made the largest TradFi-crypto market acquiring NinjaTrader for $1.5 billion. The business deal enables Kraken to lead future trading in the United States enabling more multi-asset-class offerings while the company prepares to enter equities trading and payments.
The futures trading platform NinjaTrader serves nearly 2 million users. The company functions as a Futures Commission Merchant (FCM) registered under the U.S. Commodity Futures Trading Commission (CFTC). Kraken benefits from this deal by obtaining NinjaTrader’s high-end trading solutions and futures market networks, together with integrated crypto exchange functionalities.
Kraken Strategic Benefits and Global Expansion
The acquisition provides Kraken with a CFTC-registered FCM license, enabling the company to offer crypto futures and derivatives across the United States. Kraken secures a major advantage in the American futures sector as the regulatory approval significantly expands its market position.
Kraken’s existing regulatory licenses, such as the U.K. MiFID, EU MiFID, and Australian securities licenses, will enable NinjaTrader to extend its operations into international markets. Kraken pursues this integration to establish a hassle-free multi-asset trading system that connects digital assets with futures markets and traditional financial instruments.
The collaboration enables all users on both trading platforms to use improved trading tools. Kraken provides NinjaTrader users with access to deep crypto liquidity and trading expertise and NinjaTrader clients gain exposure to the advanced analytics execution tools and futures trading capabilities of the platform.
Institutional-Grade Trading and Market Growth
According to Arjun Sethi, Co-CEO at Kraken, traditional financial markets require infrastructure updates because of settlement delays and restricted trading hours. The acquisition integrates TradFi with crypto elements to provide an institutional-level trading system that functions in real time.
Financial records on Growjo indicate that NinjaTrader achieves $55.3 million in yearly revenue. For 2024, Kraken announced a total revenue of $1.5 billion, together with $380 million in derived earnings. The recent Kaiko Q1 2025 exchange rankings put Kraken at third position, which demonstrates its increased dominance in the centralized cryptocurrency exchange sector.
According to reports, the acquisition process will be completed by March 20 and NinjaTrader will maintain its independence to deliver services under Kraken’s payment and trading solutions platform.
