Kraken expands trading power ahead of IPO with the acquisition of Breakout

The cryptocurrency exchange Kraken 🇺🇸 has just announced the acquisition of the trading platform #Breakout to expand services for professional traders, as the company prepares for its IPO plan expected as early as 2026.

Breakout offers the ability to trade contracts $BTC and $ETH with 5x leverage, along with a funding mechanism of up to $200,000 for traders who pass the skill assessment round. Users can retain up to 90% of profits, but must also undergo re-evaluation if they breach risk thresholds. Kraken stated that this platform will be integrated into Kraken Pro, providing access to capital based on actual performance rather than personal financial capacity.

This move follows the $1.5 billion acquisition of the futures platform NinjaTrader in March, demonstrating the strong expansion strategy of #Kraken before going public. At the same time, the crypto market in the U.S. is benefiting from a more favorable legal environment under President Donald Trump’s administration, as many SEC lawsuits against major exchanges have been dropped.

Kraken affirms its goal to build a fair trading infrastructure, where “success is rewarded based on ability” rather than “connections or available capital.” This could be an important stepping stone for Kraken to become the second publicly listed crypto exchange in the U.S., after Coinbase.

⚠️ Note: The cryptocurrency market always carries high risks. Investors should carefully consider before participating. #anhbacong