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  • Claim

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Kraken’s acquisition of NinjaTrader will allow them to expand its crypto derivatives and futures offerings in the US because of NinjaTrader’s CFTC’s Futures Commission Merchant registration.

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Quotes that support claims

“NinjaTrader, which is majority-backed by Long Ridge Equity Partners, is registered as a Futures Commission Merchant with the US Commodity Futures Trading Commission, Kraken said in a statement Thursday.”
“Announced on March 20, the acquisition significantly expands Kraken’s presence in the US futures sector, leveraging NinjaTrader’s status as a CFTC-registered Futures Commission Merchant.”

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Crypto news

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