March 20, 2025
Aggressive Expansion
The acquisition will allow Kraken to offer crypto futures and derivatives under NinjaTrader’s established framework. As a registered Futures Commission Merchant, NinjaTrader will continue as an independent platform, enhanced by Kraken’s trading and payment tools.
Source: Kraken
This move is also expected to strengthen Kraken’s presence in the U.S. and key international markets, including the U.K., Europe, and Australia. Kraken’s aggressive expansion may also help address various regulatory challenges.
Possible IPO Next Year
By leveraging NinjaTrader’s compliance infrastructure, the cryptocurrency exchange aims to improve its market position and operational efficiency.
Looking ahead, Kraken is considering an IPO in 2026 as the regulatory environment for crypto firms becomes more favorable. The U.S. SEC also recently agreed to drop its lawsuit against Kraken without penalties or changes to its practices.
