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CoinGape

CoinGape

Business

Business & Economics

Kraken inching toward purchase of futures trading giant NinjaTrader

CoinGape
Summary
Nutrition label

59% Informative

Kraken is reportedly putting the final touches to an audacious move to purchase futures trading giant NinjaTrader .

The US -based cryptocurrency exchange is moving on from its SEC case that sought to view the firm as a stock exchange.

Kraken has the funds to see the deal through given impressive financial metrics for the exchange.

The move signals Kraken ’s interest in dabbling in derivatives and crypto futures.

VR Score

40

Informative language

34

Neutral language

30

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links

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