Why Kraken is Making This Move
Kraken is positioning itself as an “always-on” technology platform for professional traders, and this acquisition will accelerate its expansion into multi-asset trading—including plans for equities and payment solutions.
Clients will soon gain access to NinjaTrader’s high-level analytics, execution engines, and deep futures liquidity, while also tapping into Kraken’s best-in-class crypto trading experience, according to the companies.
What’s Next for NinjaTrader?
Despite the acquisition, NinjaTrader will continue to operate as a standalone platform within Kraken’s growing portfolio of trading and payment applications. The deal is expected to close in the first half of 2025, pending regulatory approval and other standard conditions.
Legal Teams Behind the Deal
- Kraken’s legal team is led by Randi Lesnick and Cameron Reese of Jones Day and includes Ethan Silver, Ryne Miller, Brendan Koeth, and Trevor Levine from Lowenstein Sandler LLP.
- NinjaTrader is advised by Katten Muchin Rosenman LLP, with Carl Kennedy and Christopher Shannon leading the charge.
- Full details of the Choate Hall & Stewart LLP team were not immediately available.
This acquisition represents more than just a high-stakes deal—it’s a historic moment in financial markets, signaling a future where crypto and traditional finance operate as one unified system.
