Kraken’s acquisition of NinjaTrader will allow them to expand its crypto derivatives and futures offerings in the US because of NinjaTrader’s CFTC’s Futures Commission Merchant registration.

Quotes that support claims

“Announced on March 20, the acquisition significantly expands Kraken’s presence in the US futures sector, leveraging NinjaTrader’s status as a CFTC-registered Futures Commission Merchant.”

“NinjaTrader, which is majority-backed by Long Ridge Equity Partners, is registered as a Futures Commission Merchant with the US Commodity Futures Trading Commission, Kraken said in a statement Thursday.”