Kraken Acquires NinjaTrader in $1.5B Deal to Expand Derivatives Offering

Kraken has finalized its $1.5 billion acquisition of NinjaTrader, a leading U.S. futures trading platform, marking a strategic push into multi-asset trading. The deal, announced in March, will integrate traditional derivatives into Kraken’s ecosystem while granting NinjaTrader’s user base exposure to crypto markets.

"NinjaTrader’s mission has been to redefine retail futures trading, making it more accessible, cost-effective, and trader-friendly," said CEO Marty Franchi. The partnership aims to bridge traditional and crypto markets through advanced trading infrastructure.

Kraken’s funded accounts grew 26% in Q1, signaling strong platform adoption ahead of this expansion. No specific cryptocurrencies or exchanges were directly referenced in the announcement.