Today, I’m excited to announce @krakenfx's agreement to acquire @NinjaTrader for $1.5 billion. This is about much more than adding another product—it’s a significant step toward our vision of building the most powerful, global platform for the future of finance. @realDonaldTrump was the first pro-crypto U.S. president to help shift crypto from a partisan debate to a shared national interest. His support set the stage for a broader, bipartisan push for blockchain innovation. Today, lawmakers from both sides are aligned on the need for clear, innovation-friendly crypto regulations. Kraken is and always will be pro-crypto, pro-innovation, and pro-America. The U.S. should be the best place in the world to build the future of finance, and we’re committed to making that happen. We believe the U.S. should be the best place in the world to build the future of finance, and we’re committed to making that happen. We've never just been a crypto exchange. We’re creating the infrastructure for anyone—traders, developers, and partners—to engage with the future of finance. By bringing NinjaTrader into the Kraken ecosystem, we’re bridging traditional and crypto markets, expanding access to pro-grade trading tools, and opening new opportunities for innovation. As an investor at @tribecap and a founder, I’ve seen acquisitions define a company’s trajectory—both in good ways and bad. Facebook’s acquisitions of Instagram and WhatsApp accelerated its dominance by staying focused on user value. Yahoo’s acquisition of Tumblr? A case study in what happens when you lose sight of that. What matters most, above all, is the end customer. Acquisitions are challenging—the technology, teams, and cultures must come together seamlessly. The real success of this deal won’t be measured by headlines or how quickly we close it, but by the value we create for Kraken’s clients afterward. It’s not about leadership vanity or empire-building; it’s about how this helps our clients achieve more. We prioritize ensuring that every enhancement we gain from NinjaTrader, and vice versa—be it in user experience, product offering, or reliability—directly benefits the traders and investors who rely on Kraken daily. That’s what makes this acquisition meaningful. As we welcome NinjaTrader to Kraken, I’m more confident than ever in our path forward. We’re building a platform that goes beyond crypto trading—it powers the next era of global finance. The future is being built now, and Kraken is committed to building it right, driven by innovation, mission, and a relentless focus on our clients. blog.kraken.com/news/kraken-…