Kraken Near Shopping for Futures Platform NinjaTrader for $1.5B: WSJ

Finance, Kraken, M&A, Futures The deal may be a manner for the crypto change to maneuver into one other asset class and enhance its customers. 

Kraken is nearing a $1.5 billion deal for U.S. futures buying and selling platform NinjaTrader, based on a Wall Street Journal report.

The deal may be a manner for the crypto change to maneuver into one other asset class and enhance its customers, the report mentioned, citing individuals aware of the matter.

The report added that Kraken may announce the deal as quickly as Thursday and that NinjaTrader would stay a standalone platform beneath Kraken.

Kraken and NinjaTrader didn’t instantly reply to CoinDesk’s request for remark.

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