Kraken Acquires Crypto-Futures Trading Platform TradeStation Crypto for $100M

Leading cryptocurrency exchange Kraken has completed a strategic $100 million acquisition of TradeStation Crypto, a regulated U.S. derivatives trading platform. This major move significantly expands Kraken's regulatory licensing and derivatives offerings in the United States market. The acquisition provides Kraken with crucial Money Services Business (MSB) licenses and enhances its compliance capabilities. This development enables Kraken to offer crypto futures and derivatives trading to U.S. customers through a fully regulated framework, positioning the exchange for substantial growth in the competitive American cryptocurrency derivatives sector.