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BitcoinSistemi 2025-03-20 07:13:08

Bitcoin Exchange Kraken Acquires US-Based Futures Platform! Here Are the Details

Leading cryptocurrency exchange Kraken is reportedly close to acquiring US-based futures platform NinjaTrader in a $1.5 billion deal, the Wall Street Journal reported. Kraken Close to Acquiring Futures Platform NinjaTrader for $1.5 Billion This acquisition would be a strategic move for Kraken, allowing it to move beyond cryptocurrency into the traditional futures market. By acquiring NinjaTrader, Kraken can diversify its offerings and attract a broader user base, including retail and institutional traders. The deal is expected to be announced as early as Thursday, according to sources cited by the WSJ. Kraken will own the platform, while NinjaTrader is expected to continue operating independently. Kraken's Growth Strategy The move is in line with Kraken’s strategy to expand into regulated financial markets. The exchange, long a major player in the crypto derivatives space, has been exploring ways to offer trading in traditional assets alongside digital assets. Neither Kraken nor NinjaTrader have yet to publicly comment on the deal. However, if finalized, the acquisition would further solidify Kraken’s position in the competitive trading landscape and give it a foothold in the evolving futures market. *This is not investment advice. Continue Reading: Bitcoin Exchange Kraken Acquires US-Based Futures Platform! Here Are the Details

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