1 month ago
The woody could beryllium a mode for the crypto speech to determination into different plus people and summation its users.
Mar 20, 2025, 5:57 a.m. UTC
(Kraken)
What to know:
- Kraken is reportedly adjacent to a $1.5 cardinal woody for NinjaTrader, a U.S. futures trading platform.
- This acquisition could assistance Kraken grow into a caller plus people and boost its idiosyncratic base.
- The announcement could travel arsenic soon arsenic Thursday, with NinjaTrader remaining a standalone platform.
Kraken is nearing a $1.5 cardinal woody for U.S. futures trading level NinjaTrader, according to a Wall Street Journal report.
The woody could beryllium a mode for the crypto speech to determination into different plus people and summation its users, the study said, citing radical acquainted with the matter.
The study added that Kraken could denote the woody arsenic soon arsenic Thursday and that NinjaTrader would stay a standalone level nether Kraken.
Kraken and NinjaTrader did not instantly respond to CoinDesk's petition for comment.
Parikshit Mishra
Parikshit Mishra is CoinDesk's Regional Head of Asia, managing the editorial squad successful the region. Before joining CoinDesk, helium was the EMEA Editor astatine Acuris (Mergermarket), wherever helium dealt with copies related to backstage equity and the startup ecosystem. He has besides worked arsenic an Senior Analyst for CRISIL, covering the European markets and planetary economies. His astir notable tenure was with Reuters, wherever helium worked arsenic a analogous and an exertion for assorted teams. He does not person immoderate crypto holdings.
English (US) 