PANews reported on May 2 that according to Cointelegraph, the cryptocurrency exchange Kraken has completed the acquisition of NinjaTrader, a futures broker registered with the U.S. Commodity Futures Trading Commission (CFTC), and reported that its first-quarter revenue increased by 19% year-on-year to US$471.7 million.

Analysts believe that the acquisition of NinjaTrader will enable Kraken's U.S. customers to enter the traditional derivatives market, in line with its plan to expand its product range and become the preferred platform for all types of transactions. It is reportedly the largest transaction to date between cryptocurrency and traditional financial companies.