Kraken Makes Largest Ever Crypto & TradeFi Deal With $1.5B Acquisition
In what is a monumental move for the digital asset sector, Kraken has made the single largest-ever crypto and TradeFi deal with a new $1.5 billion acquisition. Specifically, the cryptocurrency exchange entered into an agreement to purchase the US future trading platform NinjaTrader, according to a recent announcement. The move is massive for a number of reasons, including what this means for Kraken’s entry into the crypto futures market. Indeed, through the new deal, the exchange has the legal ability to operate in that sector under the current regulatory standards. After the deal, Kraken reaffirmed its ambitions beyond a single asset class. Source: Reuters Also Read: Kraken Crypto Exchange to Launch its Own Blockchain in 2025 Kraken Announces $1.5 Billion NinjaTrader Deal in Major Acquisition Earlier this year, the US Securities and Exchange Commission (SEC) announced it was dropping its lawsuit against the Krakent cryptocurrency exchange. The move was massive for the industry an...