Kraken Acquires NinjaTrader to Enter the US Crypto Derivatives Market
Kraken, the cryptocurrency exchange giant, has announced the acquisition of NinjaTrader, a specialized American platform for futures trading. This $1.5 billion deal marks a major turning point for Kraken as it seeks to expand its offering to derivatives products in the American market.
A Key Lever: US Regulation
An important asset of NinjaTrader is its license from the Commodity Futures Trading Commission (CFTC), the American regulatory authority for derivative markets. With this acquisition, Kraken will be able to offer its US users a complete range of cryptocurrency-related derivative products, attracting a growing number of investors who are looking for diversification and advanced risk management tools.
A Synergy for Global Expansion
Kraken’s ambition extends beyond the United States. With licenses in Europe, the UK, and Australia, the exchange plans to utilize these regulations to propel NinjaTrader into new markets. By integrating NinjaTrader’s expertise, Kraken aims to offer a more comprehensive platform that appeals to both individual traders and financial institutions.
Ambitions Expressed by Executives
This acquisition aligns with Kraken’s broader vision, according to Arjun Sethi, co-CEO of the company:
Cette transaction est la première étape vers une plateforme de trading institutionnelle où tout actif pourra être échangé à tout moment.
NinjaTrader’s CEO, Marty Franchi, is equally enthusiastic about this merger:
Rejoindre Kraken nous permet de déployer notre vision à l’échelle mondiale, en élargissant notre portée et en ouvrant la porte à de nouvelles applications innovantes.
Expected Completion by Mid-2025
Although the deal has been announced, its realization is subject to regulatory conditions. Kraken plans to finalize the acquisition by the end of the first half of 2025, with the completion date possibly influenced by potential regulatory interventions.
