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Kraken Makes Largest Ever Crypto & TradeFi Deal With $1.5B Acquisition

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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...

Nifty News: Kraken NFT exits beta, Coinbase 'Stand with Crypto' gains support, and more

A Bitcoin inscription service aims to compete with Ordinals by offering smart contracts and larger file sizes. Kraken NFT marketplace exits its beta phase Crypto exchange Kraken has announced that its nonfungible token (NFT) marketplace has exited its beta phase. Along with the launch, the NFT platform highlighted that it has expanded its number of NFT collections. The platform noted that it went from support ing 70 collections to over 250. According to Kraken, it will continue adding even more collections into its marketplace.  We are launching out of BETA! #KrakenNFT is your gateway to buying, selling & learning about NFTs! Browse 250+ collections ️ Polygon blockchain Integration Reddit Collectible Avatars @0xPolygonLabs @Reddit Read our latest announcement: https://t.co/3Xnn2tMyST pic.twitter.com/l1LTizqwT1 — Kraken NFT (@KrakenNFT) June 8, 2023 Apart from the collection expansion, the firm also announced that it has added support for the Polygon Network, highlightin...