Kraken, the crypto exchange, agreed to acquire NinjaTrader, a futures trading platform, for $1.5B, advancing its multi-asset class ambitions, which includes plans for equities trading and payments, and strengthening its position as a 24/7 platform for professional traders,

Kraken is acquiring retail futures trading platform NinjaTrader for $1.5 billion, allowing the crypto exchange to offer crypto futures and derivatives in the US for the first time and to expand into more traditional markets.

The cryptocurrency exchange Kraken agreed to a $1.5 billion deal for NinjaTrader, a U.S. retail futures trading platform, in a bid to expand its user base and move into other asset classes. A deal was announced Thursday morning,