Kraken Completes Acquisition of NinjaTrader

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Kraken Completes Acquisition of NinjaTrader

2025-05-02 03:46 Last Updated At：03:50

CHEYENNE, Wyo.--(BUSINESS WIRE)--May 1, 2025--

Kraken, a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom, today announced the completion of its acquisition of leading U.S. retail futures trading platform NinjaTrader.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250501627804/en/

The completion of the transaction expands Kraken’s leadership to both traditional and crypto markets, and is an important step in the company’s vision to build an institutional-grade trading platform where any asset can be traded, anytime.

Crypto traders will soon be able to seamlessly access traditional derivatives in Kraken's trading experience, and derivatives traders will be able to access crypto markets on the NinjaTrader platform.

Kraken plans to introduce additional asset classes, including stocks, prediction markets, and options, to both platforms in the future. Last month, Kraken crypto traders began to receive access to commission-free trading for over 11,000 U.S.-listed stocks and ETFs.

NinjaTrader will also leverage Kraken’s global network of regulatory licenses and operating platforms to expand its futures services internationally.

Kraken will continue to operate NinjaTrader as a standalone platform under the Kraken suite of trading and payments applications.

PJT Partners served as financial advisor to Kraken, and Jones Day and Lowenstein Sandler served as legal advisors. Jefferies acted as financial advisor to NinjaTrader and Choate, Hall & Stewart LLP and Katten Muchin Rosenman LLP served as legal advisors.

NinjaTrader capabilities will be integrated into Kraken Pro and Kraken Desktop soon.

About Kraken

Kraken is a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom — for the crypto economy and beyond.

Millions of individuals, professional traders, and institutions around the world use Kraken to trade digital and traditional assets, including cryptocurrencies, national currencies, U.S. futures, and U.S.-listed stocks and ETFs.

Kraken markets can be monitored and traded via the web or through the Kraken and Kraken Pro iOS and Android apps. Futures platforms by NinjaTrader, a Kraken company, are available on desktop, web, and mobile via www.ninjatrader.com.

For more information about Kraken, please visit www.kraken.com.

Shreyas Iyer returns for India’s ODI series against New Zealand

MUMBAI, India (AP) — Shreyas Iyer was provisionally named in India’s squad on Saturday for the home one-day international series against New Zealand starting Jan. 11.

India will host the Black Caps in a white-ball engagement — three ODIs and five T20s — in the build-up to the 2026 T20 World Cup.

Iyer returns to the international fold after sustaining a spleen injury during an ODI against Australia in Sydney last October.

His selection is subject to fitness clearance from BCCI’s medical team and he will return as India’s vice-captain for the three-match series.

Skipper Shubman Gill also returns, after he missed the ODI series against South Africa in December. He had a neck spasm in the test series earlier, and subsequently played in the T20s against the Proteas.

Ruturaj Gaikwad and Tilak Verma missed out. Gaikwad had scored a maiden ODI hundred against South Africa in Visakhapatnam.

Rishabh Pant is retained as second keeper-batter behind Lokesh Rahul, who had stood in as captain against the Proteas.

Star batters Virat Kohli and Rohit Sharma had both participated in the domestic List A tournament — Vijay Hazare Trophy — and return to the international stage for the ODIs.

All-rounder Hardik Pandya is fit, but not sufficiently enough to bowl 10 overs in an ODI. Thus, he has been rested further ahead of the 2026 T20 World Cup (in India and Sri Lanka) starting Feb. 7. Nitish Kumar Reddy is included in the squad.

Pacer Mohammed Siraj returns to lead the bowling lineup with Jasprit Bumrah rested again. Siraj had missed the South Africa series because of workload management.

The three ODIs will be played in Vadodara (Jan. 11), Rajkot (Jan. 14) and Indore (Jan. 18), with the five-match T20 series starting Jan. 21.

Squad: Shubman Gill (captain), Rohit Sharma, Virat Kohli, KL Rahul, Shreyas Iyer, Washington Sundar, Ravindra Jadeja, Mohammed Siraj, Harshit Rana, Prasidh Krishna, Kuldeep Yadav, Rishabh Pant, Nitish Kumar Reddy, Arshdeep Singh, Yashasvi Jaiswal.

AP cricket: https://apnews.com/hub/cricket