Kraken News: Acquisition of NinjaTrader Paves the Way for Multi-Asset Trading Expansion

Kraken, a prominent cryptocurrency exchange, has made a significant move by acquiring NinjaTrader, a well-known futures trading platform. This acquisition marks a pivotal moment in bridging the gap between crypto and traditional finance, enabling Kraken to expand its offerings beyond cryptocurrencies and into regulated US futures markets.

Kraken’s NinjaTrader Acquisition Marks a New Era in Multi-Asset Trading

Kraken has recently agreed to acquire NinjaTrader, marking a significant deal bridging crypto and traditional finance. The acquisition aims to expand Kraken’s presence beyond cryptocurrencies into US futures markets, eventually offering equities through a single interface. NinjaTrader, known for its futures trading platform, provides Kraken with instant entry into regulated markets in the US due to its Commodity Futures Trading Commission (CFTC) license.

Pump.fun Resumes SOL Deposits to Kraken After Boosting Earnings

Pump.fun has resumed its Solana (SOL) deposits to Kraken after boosting earnings with PumpSwap. The platform deposited $7.81M worth of SOL to the exchange, bringing the year-to-date total to over 1.57M SOL valued at over $293M. Overall, Pump.fun has produced 3,232,101 SOL in total fees, valued at close to $500M, with over $250M likely cashed out, mostly during the 2024 bull market. Following the latest sale, SOL traded at $145.56, boosted by a series of ETF applications pointing to future demand. Pump.fun is now back in the top 10 of apps, with $1.53M in fees for the last day, reaching over $3M on more successful days.