Episode Details

Weekly Roundup 03/21/25 (Trump addresses DAS, Kraken buys NinjaTrader, FIRM act advances) (EP.604)
3/21/2025
On The Brink with Castle Island

Key Insights

Bullish:

  • 🟢 $KRAKEN - Kraken's acquisition of NinjaTrader, a US retail futures trading platform, is seen as a significant and positive development. This move positions Kraken to expand into equity trading and payments, potentially transforming it from a pure crypto company into a more diversified financial services provider.
    • I think this is one of the one of the most interesting deals that's ever happened in the crypto industry. So Ninja Trader, so they're a US retail futures trading platform. So they have a an FCM over there. It's not a crypto company. It will be here pretty soon. But, Kraken is going down the path of looking at equity trading and payments.” - Matt (15:34)
  • 🟢 $TRADFI - 🔒
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  • 🟢 $AI - 🔒
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  • 🟢 $BTC - 🔒
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