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Kraken Close to Buying Futures Platform NinjaTrader for $1.5B: WSJ
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Parikshit Mishra
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Kraken is nearing a $1.5 billion deal for U.S. futures trading platform NinjaTrader, according to a Wall Street Journal report.
The deal could be a way for the crypto exchange to move into another asset class and increase its users, the report said, citing people familiar with the matter.
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The report added that Kraken could announce the deal as soon as Thursday and that NinjaTrader would remain a standalone platform under Kraken.
Kraken and NinjaTrader did not immediately respond to CoinDesk’s request for comment.
