Kraken to acquire US retail futures platform NinjaTrader for $1.5 billion in largest-ever crypto and tradfi deal 💼
Kraken is making a landmark move by acquiring the US retail futures platform NinjaTrader for a staggering $1.5 billion. This acquisition is poised to be the largest-ever deal between the crypto sector and traditional finance, signifying Kraken's ambition to expand its multi-asset-class offerings.
Alongside plans for equities trading and payment services, the deal reflects Kraken's strategy to enhance its position in the broader financial landscape.
Source: www.theblockcrypto.com ↗
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