NinjaTrader is a futures trading platform that provides traders with an affordable way to enter the futures market. The NinjaTrader platform provides a comprehensive set of futures trading functions, including advanced charts, market analysis, trading simulation, and trading system development.
According to CoinDesk, Payward, Kraken’s parent company, is seeking new funding at a $2 billion valuation. Payward has recently accelerated its acquisition efforts, acquiring stablecoin payments firm Reap and digital asset derivatives platform Bitnomial—both transactions valued the company at $2 billion. Earlier, in 2025, Payward completed its $1.5 billion acquisition of U.S. retail futures platform NinjaTrader. Payward has confidentially filed a draft S-1 registration statement with the U.S. Securities and Exchange Commission in preparation for a potential IPO. Kraken declined to comment on the latest funding round.
According to CoinDesk, Payward, Kraken’s parent company, announced the acquisition of digital asset derivatives platform Bitnomial for up to $550 million in cash and stock. The deal values Payward at approximately $20 billion. Bitnomial is the first crypto-native platform in the U.S. to hold all three key regulatory licenses: a Designated Contract Market (DCM), a Derivatives Clearing Organization (DCO), and a Futures Commission Merchant (FCM). Following the acquisition, Payward will instantly obtain all regulatory authorizations required to operate a full derivatives business in the U.S., significantly accelerating its path to compliance compared to building such capabilities organically. Post-integration, the combined platforms will launch spot margin, perpetual futures, and options products for U.S. customers. Through Payward Services’ B2B infrastructure, these regulated U.S. derivatives offerings will be made available to banks, fintech firms, and brokers via a single API. This acquisition marks Payward’s second major deal following its $1.5 billion acquisition of NinjaTrader in 2025. The transaction is expected to close in the first half of 2026.
Kraken has announced plans to launch its first perpetual futures product regulated by the U.S. Commodity Futures Trading Commission (CFTC) in the U.S. market within the next 30 days.Eligible U.S. clients will be able to trade perpetual futures on digital assets including BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC, and AVAX through Kraken Pro. Kraken stated that it will gradually expand contract types and product features in the future, as well as provide more collateral options.It is reported that the perpetual futures on Kraken Pro are provided by NinjaTrader Clearing, LLC (operating as Kraken Derivatives US), which is a CFTC-registered Futures Commission Merchant. The related spot margined and perpetual futures products will be available on the Bitnomial Exchange, a CFTC-regulated exchange that was recently acquired by Payward, Kraken's parent company.
According to CoinDesk, Payward, Kraken’s parent company, announced the acquisition of digital asset derivatives platform Bitnomial for up to $550 million in cash and stock. The deal values Payward at approximately $20 billion. Bitnomial is the first crypto-native platform in the U.S. to hold all three key regulatory licenses: a Designated Contract Market (DCM), a Derivatives Clearing Organization (DCO), and a Futures Commission Merchant (FCM). Following the acquisition, Payward will instantly obtain all regulatory authorizations required to operate a full derivatives business in the U.S., significantly accelerating its path to compliance compared to building such capabilities organically. Post-integration, the combined platforms will launch spot margin, perpetual futures, and options products for U.S. customers. Through Payward Services’ B2B infrastructure, these regulated U.S. derivatives offerings will be made available to banks, fintech firms, and brokers via a single API. This acquisition marks Payward’s second major deal following its $1.5 billion acquisition of NinjaTrader in 2025. The transaction is expected to close in the first half of 2026.
Kraken has announced plans to launch its first perpetual futures product regulated by the U.S. Commodity Futures Trading Commission (CFTC) in the U.S. market within the next 30 days.Eligible U.S. clients will be able to trade perpetual futures on digital assets including BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC, and AVAX through Kraken Pro. Kraken stated that it will gradually expand contract types and product features in the future, as well as provide more collateral options.It is reported that the perpetual futures on Kraken Pro are provided by NinjaTrader Clearing, LLC (operating as Kraken Derivatives US), which is a CFTC-registered Futures Commission Merchant. The related spot margined and perpetual futures products will be available on the Bitnomial Exchange, a CFTC-regulated exchange that was recently acquired by Payward, Kraken's parent company.
According to CoinDesk, Payward, Kraken’s parent company, is seeking new funding at a $2 billion valuation. Payward has recently accelerated its acquisition efforts, acquiring stablecoin payments firm Reap and digital asset derivatives platform Bitnomial—both transactions valued the company at $2 billion. Earlier, in 2025, Payward completed its $1.5 billion acquisition of U.S. retail futures platform NinjaTrader. Payward has confidentially filed a draft S-1 registration statement with the U.S. Securities and Exchange Commission in preparation for a potential IPO. Kraken declined to comment on the latest funding round.
According to CoinDesk, Payward, Kraken’s parent company, announced the acquisition of digital asset derivatives platform Bitnomial for up to $550 million in cash and stock. The deal values Payward at approximately $20 billion. Bitnomial is the first crypto-native platform in the U.S. to hold all three key regulatory licenses: a Designated Contract Market (DCM), a Derivatives Clearing Organization (DCO), and a Futures Commission Merchant (FCM). Following the acquisition, Payward will instantly obtain all regulatory authorizations required to operate a full derivatives business in the U.S., significantly accelerating its path to compliance compared to building such capabilities organically. Post-integration, the combined platforms will launch spot margin, perpetual futures, and options products for U.S. customers. Through Payward Services’ B2B infrastructure, these regulated U.S. derivatives offerings will be made available to banks, fintech firms, and brokers via a single API. This acquisition marks Payward’s second major deal following its $1.5 billion acquisition of NinjaTrader in 2025. The transaction is expected to close in the first half of 2026.