Kraken Nears $1.5 Billion Deal To Acquire NinjaTrader

Discussion in 'Wall St. News' started by Zor_Champ, Mar 19, 2025.

  1. RedDuke

    RedDuke

    Wow. End of an era.
     
    #11     Mar 21, 2025
    SimpleMeLike and johnarb like this.
  2. newwurldmn

    newwurldmn

    NinjaTrader was worth 1.5 Billion?!?!?!
     
    #12     Mar 21, 2025
    beginner66 likes this.
  3. ZBZB

    ZBZB

    Tradingview sold 10% in late 2021 for $300m giving it a $3bn valuation.
     
    #13     Mar 21, 2025
    newwurldmn likes this.
  4. newwurldmn

    newwurldmn

    thats insane.
     
    #14     Mar 21, 2025
    beginner66 likes this.
  5. nitrene

    nitrene

    IBKR is currently selling at $75 billion with $3.7 billion in EBIT. NT probably isn't profitable otherwise they wouldn't have sold.

    NT is more niche than IB so I guess futures only brokers don't make much money. I'm sure the big money is in stock PFOF trades like Robin Hood, Fidelity or Schwab. I bet Schwab also makes a lot of money in cash management.
     
    #15     Mar 21, 2025
  6. SteveH

    SteveH

    "End of an era."

    Yeah, "poor" Ray...laughing all the way to the bank!
     
    #16     Mar 22, 2025
  7. RedDuke

    RedDuke

    very well deserved by Ray and his team. They built a great product over the years. I was there for most of Ninja journey.
     
    #17     Mar 23, 2025