Kraken News: Kraken Acquires NinjaTrader for $1.5 Billion; MoonPay Secures $200 Million Credit Line

The cryptocurrency landscape witnessed significant shifts in the third week of March 2025, with two major announcements grabbing headlines. Kraken made a strategic move by acquiring NinjaTrader for $1.5 billion, while MoonPay secured a substantial credit line to bolster its operations.

Kraken Acquires NinjaTrader for $1.5 Billion, MoonPay Secures $200 Million

The third week of March 2025 saw major developments in the crypto space, with Kraken completing its $1.5 billion acquisition of NinjaTrader. This M&A deal aims to expand Kraken’s trading analytics capabilities, building on its finance and trading infrastructure. NinjaTrader will contribute to the development of analytical trading tools. Meanwhile, MoonPay secured a $200 million revolving credit line from Galaxy, a crypto-focused financial services firm, to bolster its payment infrastructure. According to Crypto Fundraising, the week’s funding reached over $2 billion, with a significant jump in funding toward trading tools, storage solutions, and payment infrastructure.

Kraken Explores $1 Billion Debt Raise in IPO Preparations

Cryptocurrency exchange Kraken is reportedly exploring raising up to $1 billion in debt to fuel its expansion plans as it gears up for a potential initial public offering (IPO) as early as the first quarter of next year. According to a Bloomberg report citing individuals with knowledge of the matter, Kraken is working with financial giants Goldman Sachs and JPMorgan Chase on this potential debt raise. The discussions are currently in the preliminary stages, with Goldman Sachs and JPMorgan reportedly initiating conversations with other banks and direct lenders to participate in the effort. Sources indicate that the debt being considered is specifically intended to support the company’s growth initiatives and is not for operational needs.