Kraken expands trading options with Breakout acquisition

Kraken, a San Francisco-based crypto exchange, has acquired Breakout, a proprietary trading platform that enables funded accounts and leveraged trading ￰0￱ means traders can deploy capital based on skill rather than personal ￰1￱ offers experienced traders with capital access of up to $200,000 in notional capital, with an option to retain up to 90% of the profits ￰2￱ be added to the capital pool, traders must pass a thorough evaluation and maintain a specific performance above predefined ￰3￱ platform features over 50 crypto trading pairs with up to five times leverage on BTC and Ether ￰4￱ to start prop trading, allocating capital based on proof of skill Arjun Sethi, Kraken’s co-CEO, revealed that the acquisition offers them a way to allocate capital based on proof of skill, unlike having access to capital ￰5￱ added that the world is shifting from who you know to what you know, and it’s therefore necessary for them to develop systems that reward demonstrated performance rather than ￰6￱ news 💥 Kraken 🤝 @Breakoutprop = a new path for elite crypto traders. ✅ Get funded with up to $200K ✅ No personal deposit ✅ Keep up to 90% of the profits Are you ready to scale your trading strategy? ￰7￱ — Kraken (@krakenfx) September 4, 2025 Sethi highlighted that the acquisition of Breakout allows traders to access an infrastructure where they can earn their way into size, deploy capital with minimal friction, and get paid on ￰8￱ acquisition follows Kraken’s recent purchase of NinjaTrader, a U.

S.-based futures and trading ￰9￱ acquisition was completed for $1.5 billion, aligning with Kraken’s goal of going public next ￰10￱ reported that the purchase gave Kraken direct access to regulated ￰11￱ markets through NinjaTrader’s status as a Futures Commission Merchant (FCM). According to Bloomberg, Kraken is also preparing for its IPO in ￰12￱ listing is expected to happen in the first two quarters of 2026, although the exchange has not revealed the specific timeline ￰13￱ firm, however, confirmed via a response that, to be more transparent with the business after disclosing the 2024 financial highlights, the firm will pursue public markets as it makes sense for its clients, partners, and ￰14￱ acquisition comes amid a favorable political climate, with Trump’s pro-crypto policies easing crypto regulatory ￰15￱ March, the SEC dropped a lawsuit against Kraken that alleged the exchange acted as an unregulated ￰16￱ crypto exchange revealed that the lawsuit was concluded without admitting wrongdoing, penalties, or changes to its business operations.

Kraken’s partnership creates a performance-based path for aspiring traders Alex Miningham, co-founder and CEO of Breakout, highlighted that his firm offers traders a performance-based starting ￰17￱ noted that Kraken delivers the scale and tools to grow, forming a unified ecosystem that supports the complete trader journey from education to independent capital ￰18￱ (prop) trading involves using company funds rather than personal funds, with profits shared between the trader and the firm. U. S banks discouraged prop trading following the 2008 financial crisis, but the model has recently gained traction through firms like Jump Crypto and DRW’s Cumberland alongside ￰19￱ San Francisco-based exchange platform also introduced stock trading and ETFs in select states across the ￰20￱ also introduced a crypto futures platform through Kraken Derivatives U.

S., allowing Americans to trade on CME-listed BTC and ETH contracts alongside spot crypto assets on Kraken ￰21￱ highlighted the current prop traders in the market who may pose competition to ￰22￱ such as Hola Prime, PipFarm, Rebels funding, Goat Funded Trader, and FTMO each offer unique advantages in the prop trading ￰23￱ offer fast withdrawals, scalability, and profit shares that may go to 100% in favour of the ￰24￱ operate with demo accounts for training and assessing trader experience, while some provide a career path toward salaried trading ￰25￱ sector poses a challenge for new entrants such as Kraken, while it remains largely unregulated, meaning possible scams may ￰26￱ are urged to tread cautiously, using key evaluation factors such as reputation, platform support, trading costs, and internal risk ￰27￱ Bybit now and claim a $50 bonus in minutes