Kraken Secures $472 Million in Q1 Revenue, Driven by NinjaTrader Acquisition

Kraken reported a notable revenue increase of 19% year-over-year for Q1 2025, reaching $472 million. Despite challenging market conditions, Kraken’s resilience is evident. The exchange’s strategic acquisition of NinjaTrader, a futures platform, for $1.5 billion signals a significant expansion into traditional markets. This move promises to broaden Kraken’s user base and trading capabilities.