From Yahoo Finance: 2025-03-20 07:06:00

Kraken, a major cryptocurrency exchange, is set to acquire NinjaTrader for $1.5 billion, expanding into different asset classes and growing its user base. The move comes amid hopes for relaxed crypto regulations under President Trump, boosting industry optimism and promoting deeper ties between crypto and traditional finance.

Industry leaders anticipate policy shifts that encourage institutional adoption and clearer rules for digital asset trading. The acquisition reflects the growing demand for a wide range of assets, pushing companies to integrate more deeply into customers’ financial habits. Analysts predict more deals in the future, with continuous convergence between crypto and traditional finance.

NinjaTrader, with nearly 2 million traders, will remain a standalone platform under Kraken. The deal, expected to close in the first half of 2025, marks a significant milestone in the crypto industry, showcasing a large billion-dollar-plus deal between a crypto native and traditional finance.

Read more: Cryptocurrency exchange Kraken to buy NinjaTrader for $1.5 billion