Summary
- It was reported that Kraken plans to acquire NinjaTrader for approximately $1.5 billion.
- Through this acquisition, Kraken will be able to utilize NinjaTrader's Futures Commission Merchant license.
- Kraken stated that it will be able to provide cryptocurrency futures and derivatives trading services within the United States.
News has emerged that cryptocurrency exchange Kraken is acquiring the U.S. retail futures trading platform NinjaTrader.
On the 19th (local time), the Wall Street Journal (WSJ) reported, "Kraken plans to acquire NinjaTrader for approximately $1.5 billion (about 2 trillion won). An official announcement regarding this is expected as early as Thursday."
Through this acquisition, Kraken will be able to utilize NinjaTrader's Futures Commission Merchant (FCM) license to provide cryptocurrency futures and derivatives trading services within the United States.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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