Kraken About to Close Deal to Offer Crypto Futures in US

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Kraken is close to finalizing a $1.5 billion acquisition of the US futures trading platform NinjaTrader, as reported by the Wall Street Journal.

This move could enable the crypto exchange to diversify its asset offerings and grow its user base, according to sources familiar with the situation.

The announcement of the deal might come as early as Thursday, with NinjaTrader expected to continue operating as a standalone platform under Kraken.

Both Kraken and NinjaTrader have yet to respond to CoinDesk’s request for comment.