Kraken Completes Acquisition of NinjaTrader

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.

Kraken Completes Acquisition of NinjaTrader

Kraken Completes Acquisition of NinjaTrader

NEW YORK (AP) — Jalen Johnson had 18 points, 11 assists and 10 rebounds in his seventh triple-double of the season, leading the Atlanta Hawks to a 111-99 victory over the New York Knicks on Friday night.

Nickeil Alexander-Walker scored 23 points and Onyeka Okongwu had 22 for the Hawks, while both Zaccharie Risacher and Luke Kennard scored 12.

Jalen Brunson led the Knicks with 24 points. OG Anunoby had 19 points and 10 rebounds, and Mikal Bridges added 18 points.

Ariel Hukporti, who replaced Karl-Anthony Towns (illness) in the starting lineup, grabbed a career-high 17 rebounds for New York.

The Knicks got off to a quick start, taking an 11-2 lead. Trailing 30-29, the Hawks scored the final four points of the first quarter and never trailed again.

Atlanta extended its lead to 60-45 on Okongwu’s short jumper with 1:16 remaining in the second quarter before Brunson’s runner cut the Knicks’ deficit to 60-47 at halftime.

Alexander-Walker’s driving layup with 1:14 left in the third quarter gave the Hawks their biggest lead of the game at 94-68 and they were ahead 94-70 at the end of the quarter.

The Knicks scored the first 11 points of the fourth quarter and pulled within 94-81 before Kennard connected on back-to-back 3-pointers to end the streak.

New York mounted a final rally following consecutive 3-pointers by Bridges to edge within 108-99, but never got any closer.

The Hawks, who have won two in a row following a season-high, seven-game losing streak, became the first team to hold the Knicks to fewer than 100 points this season.

Atlanta's Trae Young (bruised right quadriceps) and Knicks center Mitchell Robinson (left ankle injury management) each missed their third straight games.

Hawks: Visit Toronto on Saturday.

Knicks: Host Philadelphia on Saturday.

AP NBA: https://apnews.com/NBA

Atlanta Hawks forward Onyeka Okongwu reacts after scoring a 3-point basket during first half of an NBA basketball game against the New York Knicks, Friday, Jan. 2, 2026, in New York. (AP Photo/Heather Khalifa)

Atlanta Hawks guard Dyson Daniels (5) passes the ball around New York Knicks center Ariel Hukporti (55) during second half of an NBA basketball game, Friday, Jan. 2, 2026, in New York. (AP Photo/Heather Khalifa)

New York Knicks guard Jalen Brunson, bottom, and Atlanta Hawks forward Onyeka Okongwu (17) battle for the ball during second half of an NBA basketball game, Friday, Jan. 2, 2026, in New York. (AP Photo/Heather Khalifa)

Atlanta Hawks forward Jalen Johnson, right, is defended by New York Knicks forward Og Anunoby during second half of an NBA basketball game, Friday, Jan. 2, 2026, in New York. (AP Photo/Heather Khalifa)