Search results for NinjaTrader
Crypto
Kraken parent Payward seeks new funding at $20 billion valuation
Payward, the parent of cryptocurrency exchange Kraken, is pursuing new fundraising based on a $20 billion valuation. CoinDesk reported the company has stepped up spending on mergers and acquisitions, including buying stablecoin payments firm Reeve for $600 million and digital asset derivatives platform Bitnomial for $550 million. It also bought NinjaTrader for $1.5 billion in 2025. Payward has continued IPO preparations but paused plans in March.
Crypto
Kraken teams up with MoneyGram to expand crypto cash withdrawals, supporting over 100 countries
Crypto exchange Kraken will launch a service with global remittance company MoneyGram that allows users to convert cryptocurrency into local currency and withdraw cash through MoneyGram’s offline network. The service will start in the United States and expand to parts of Europe, Latin America, Africa and Asia-Pacific. The partnership covers more than 100 countries and supports hundreds of local currencies. Kraken is also preparing for an IPO.
Crypto
Kraken to acquire token management platform Magna
Kraken will acquire token management platform Magna, The Block reported on Tuesday. The crypto exchange has completed 6 acquisitions over the past year, including a $1.5 billion deal for NinjaTrader. Founded in 2021, Magna supports token ecosystem operations such as airdrops, asset distribution and staking. Kraken said Magna has become core infrastructure for managing multi-billion-dollar token ecosystems. Kraken co-CEO Arjun Sethi said the deal will help build open-chain infrastructure.
