Kraken’s Breakthrough Acquisition: Game Changers for Performance-Based Crypto Trading Infrastructure
Source: CoinWorld
Time: 2025-09-07 11:58:51
Kraken acquired Breakout in September 2025 and integrated a performance-based trading model to provide up to $200,000 to excellent traders who pass rigorously evaluated. The move will diversify Kraken’s revenue through profit sharing and enhance its competitive advantage ahead of an IPO scheduled for 2026. In 2024, Breakout has a revenue target of $1.5 billion and a valuation target of $15 billion.