Kraken to acquire Ninjatrader: An introduction to the next era of professional trading

The acquisition strengthens its position as a 24/7, ever-on technology platform built for professional traders, making it a leader in US futures in both traditional and crypto markets. It also accelerates Kraken’s multi-asset class ambitions. This includes stock trading and payment planning.

Founded in 2003, Ninjatrader provides advanced futures trading tools to nearly 2 million traders and operates as a Merchant (FCM) of the CFTC Registered Futures Commission. This transaction represents the largest transaction combining traditional finance (Tradfi) and crypto.

Ninjatrader is a reliable hub for professional futures traders. The strategic benefits of this acquisition include:

• US Futures – Ninjatrader’s CFTC Registered FCM License allows Kraken to provide crypto futures and derivatives in the US
• Unlocked global regulatory licenses and growth – Kraken’s UK Mifid, EU Mifid and Australian securities licenses will help Ninjatrader accelerate its expansion into the UK, Europe and Australia.
• Seamless Multi-Asset Trading – The ability to trade crypto, futures and traditional financial products for both Kraken and Ninjatrader clients.
• Access to elite trading tools – Clients benefit from Ninjatrader’s pro-grade analytics, execution engines and futures liquidity, combining it with Kraken’s best-in-class crypto liquidity and trading experience.

“The banking system of the 1950s, the traditional market after World War II, takes place with a delayed settlement that took several days to exchange and resolved, which closed at 4pm on ET. The crypto rail fixes these issues and operates on efficient, real-time infrastructure,” said Arjun Sethi, co-CEO of Kraken.

You can read the full press release here.