Neither of the companies has made the negotiations public, however studies recommend that they might finalize the settlement by March 20. In case of finalization, NinjaTrader will probably be impartial whereas tapping into the worldwide presence of Kraken. The deal is predicted to allow NinjaTrader to broaden its providers into markets together with the UK, Europe, and Australia.
NinjaTrader, a broadly used futures buying and selling platform, presents superior options like simulated buying and selling, stay evaluation, and customization. It has 1.9 million shoppers and generates roughly $55.3 million in income yearly.
Kraken, although, stays a crypto chief. In 2024, the trade generated $1.5 billion in income and $380 million in adjusted earnings. It simply jumped into third place in Kaiko’s Q1 2025 trade rankings from seventh final yr.
Along with the potential acquisition, Kraken has been increasing its providers. On March 17, it launched a colocation service to enhance buying and selling pace and scalability. Studies additionally present that Kraken is making ready for a public itemizing as quickly as subsequent yr following the SEC’s resolution to discontinue its lawsuit in opposition to the corporate.
If the deal goes by means of, it could possibly be a key step in Kraken’s technique to diversify and cement its place out there.