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Kraken Completes Acquisition of NinjaTrader

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CHEYENNE, Wyo.--(BUSINESS WIRE)--Kraken, a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom, today announced the completion of its acquisition of leading U.S. retail futures trading platform NinjaTrader.

The completion of the transaction expands Kraken’s leadership to both traditional and crypto markets, and is an important step in the company’s vision to build an institutional-grade trading platform where any asset can be traded, anytime.

Crypto traders will soon be able to seamlessly access traditional derivatives in Kraken's trading experience, and derivatives traders will be able to access crypto markets on the NinjaTrader platform.

Kraken plans to introduce additional asset classes, including stocks, prediction markets, and options, to both platforms in the future. Last month, Kraken crypto traders began to receive access to commission-free trading for over 11,000 U.S.-listed stocks and ETFs.

NinjaTrader will also leverage Kraken’s global network of regulatory licenses and operating platforms to expand its futures services internationally.

Kraken will continue to operate NinjaTrader as a standalone platform under the Kraken suite of trading and payments applications.

PJT Partners served as financial advisor to Kraken, and Jones Day and Lowenstein Sandler served as legal advisors. Jefferies acted as financial advisor to NinjaTrader and Choate, Hall & Stewart LLP and Katten Muchin Rosenman LLP served as legal advisors.

NinjaTrader capabilities will be integrated into Kraken Pro and Kraken Desktop soon.

About Kraken

Kraken is a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom — for the crypto economy and beyond.

Millions of individuals, professional traders, and institutions around the world use Kraken to trade digital and traditional assets, including cryptocurrencies, national currencies, U.S. futures, and U.S.-listed stocks and ETFs.

Kraken markets can be monitored and traded via the web or through the Kraken and Kraken Pro iOS and Android apps. Futures platforms by NinjaTrader, a Kraken company, are available on desktop, web, and mobile via www.ninjatrader.com.

For more information about Kraken, please visit www.kraken.com.

Contacts

Lauren Post
press@kraken.com

Industry:

Kraken

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Contacts

Lauren Post
press@kraken.com

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