Kraken Acquires Breakout

Komodo Health Acquires Breakaway Partners

July 26, 2021

Data & Analytics

Komodo Health acquired Breakaway Partners, a market access software and formulary analytics provider for the life sciences industry, to integrate real‑time market access insights with Komodo’s Healthcare Map. The deal expands Komodo’s product capabilities in formulary, policy and coverage analytics to help life sciences, payers, and providers improve patient access to effective therapies.

Kraken Acquires NinjaTrader from Long Ridge for $1.5 Billion

March 21, 2025

Financial Services

Kraken has completed the acquisition of NinjaTrader, a leading U.S. retail futures trading platform, in a transaction valued at $1.5 billion. The deal, which buys the company from Long Ridge Equity Partners after a five-year ownership period, expands Kraken’s capabilities into traditional derivatives and aims to integrate NinjaTrader’s futures platform into Kraken’s product suite while operating NinjaTrader as a standalone brand.

Kraken Acquires Staked

December 21, 2021

Payments & Fintech

Kraken has acquired Staked, a non-custodial staking infrastructure provider, for an undisclosed sum to expand its staking product lineup and offer a non-custodial alternative to its custodial staking services. The deal strengthens Kraken's capabilities across additional proof-of-stake networks and brings Staked's institutional and retail clients into Kraken's broader crypto platform.

Bakkt Holdings Acquires Apex Crypto LLC

April 3, 2023

Payments & Fintech

Bakkt Holdings, Inc. has completed the acquisition of Apex Crypto LLC after securing all required regulatory approvals. Apex Crypto is a turnkey cryptocurrency trading and custody platform that has facilitated $12.5 billion in crypto trades for 30+ clients; Bakkt expects the deal to expand its crypto capabilities, scale client reach and accelerate its path to profitability.

Strava Acquires Core Assets of The Breakaway

May 22, 2025

Software

Strava has acquired the core assets of The Breakaway, a Y Combinator–backed cycling training app, to strengthen its training and analytics offerings for cyclists. The acquisition integrates The Breakaway's personalized training, ride analysis and progress-tracking features into Strava's subscription ecosystem to improve cyclist engagement and outcomes.

Snappy Kraken Acquires Advisor Websites

May 3, 2022

Marketing & Advertising

MarTech firm Snappy Kraken has acquired Advisor Websites, an industry website builder and integration partner for financial advisors. The acquisition expands Snappy Kraken's website, branding and creative services capabilities and is supported by existing investors FinTop Capital, Flyover Capital Partners and Montage Fund Advisors.