BlockChain News

Kraken currency exchange to buy Ninja Trader for $ 1.5 billion

Krakin, one of the largest cryptocurrencies in the world, said on Thursday that she will buy the Ninjatrader Future Future Trading Apple platform for $ 1.5 billion, in a deal that allows it to expand multiple classes and develop its user base.

the acquisition At one time comes that the encryption industry is optimistic about a more relaxed organization in the shadow of the American President Donald TrumpThose who destroyed the donors for encryption during the elections and promised to support the sector.

Industry leaders hope for policy seizures, whose procedures for enforcement are enforced, encourage institutional adoption, and create clearer rules for the circulation of digital assets.

Encryption

Earlier this month, the US Securities and Stock Exchange Committee rejected a civil lawsuit accusing Kraken of working illegally books for unregistered securities. Kraken is the immediate exchange of cryptocurrencies in the world in the world based on traffic, liquidity, trading sizes and confidence in the legitimacy of the reported trading sizes, according to the Trading Data Coinmarketcap site.


The deal also highlights the deep relations between encryption companies and traditional financial companies, where digital assets gain wider acceptance. Growth Seek From retail merchants to reaching a wide range of assets – from stocks and bonds to encryption Derivatives – Paying companies to expand beyond their roots and integrate deeper into the financial habits of their customers. “It is an important deal for the industry because it is a deal that acquires a traditional financing citizen, a billion dollars,” said Owen Lao, an Obenheimer analyst.

Lau expects “more deals to be subject to the president, Congress and the most supportive organizers, and said,” There there is there will Be continuous to converge in traditional coding financing. “

Ridge Long justice Ninjatrader will continue to work as a stand -alone platform under Kraken.

Ninjatrader was founded in 2003, a future trading platform is provided for retail for trading trade for about two million traders. The deal is expected to be closed in the first half of 2025.

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