Kraken Acquires NinjaTrader, Driving Q1 Revenue Growth Amidst Market Slowdown

Kraken has successfully acquired NinjaTrader in a landmark $1.5 billion deal, resulting in a significant 19% boost to its Q1 2025 revenue, reaching $472 million despite the challenging crypto market environment. This strategic acquisition bridges traditional finance and cryptocurrency markets, paving the way for enhanced multi-asset trading capabilities and expanding Kraken’s market presence even amid broader industry challenges.