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
Location
Wyoming, United States
Transaction Type
Buyout

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