Crypto exchange Kraken is reportedly close to a $1.5 billion acquisition of NinjaTrader, which could be confirmed as early as March 20.
Crypto exchange Kraken is reportedly closing in on a $1.5 billion acquisition of trading platform NinjaTrader, a move that would expand Kraken’s customer base and enable it to offer crypto futures and derivatives in the US.
The deal could be confirmed by the morning of March 20 in the US, The Wall Street Journal said in a March 19 report, citing people familiar with the matter.
Kraken’s expanded offerings would be made possible through NinjaTrader’s registration as a Futures Commission Merchant.
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