Kraken Acquires NinjaTrader for $1.5 Billion
March 21, 2025
Kraken has entered into an agreement to acquire NinjaTrader, the U.S. retail futures trading platform, in a deal valued at $1.5 billion subject to purchase price adjustments. NinjaTrader is majority-backed by Long Ridge Equity Partners and is expected to continue operating as a standalone platform under Kraken’s suite of trading and payments applications.
- Buyers
- Kraken
- Targets
- NinjaTrader
- Sellers
- Long Ridge Equity Partners
- Industry
- Financial Services
- Location
- Wyoming, United States
- Transaction Type
- Buyout
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