Kraken has expanded its presence in advanced trading by acquiring Breakout, a young but fast-growing crypto-native proprietary trading firm. The deal, completed on September 1, comes less than two years after Breakout was founded. This move marks another step in the crypto exchange’s broader strategy to build a full trading ecosystem for professional users. Breakout Opens Path for Traders to Prove Skills and Access Capital As announced , Breakout was designed to help traders prove their strategies and gain access to capital without putting up their own funds. After completing an evaluation process, users can receive up to $100,000 in notional capital per account or up to $200,000 across multiple accounts. Traders who pass the assessment must respect strict drawdown limits, but they can keep as much as 90% of the profits they generate. Reportedly, traders can get paid anytime, earning rewards directly for their performance. Instead of needing large amounts of money, Breakout focuses on proof of skill. It lets disciplined traders show how they manage risk and use strategies in real markets. This gives talented traders without big resources a chance to grow and succeed. Kraken Acquires Breakout to Boost Performance-Based Trading Breakout offers trading in over 50 cryptocurrency pairs. Traders can use up to five times leverage on Bitcoin (BTC) and Ethereum (ETH) contracts. The platform was founded in 2023 by a group of well-known crypto traders and analysts. It quickly stood out by combining learning, trader evaluation, and access to real markets. Kraken, which is eyeing to go public in 2026 , plans to integrate Breakout into its Kraken Pro platform. This is poised to give eligible users the ability to move seamlessly from learning to deploying capital at scale. Breakout’s founders say the move from early Telegram discussions to a full acquisition by Kraken highlights the strong demand for performance-based trading. They believe this journey reflects how quickly interest in such opportunities is growing. In a recent X post, Breakout leadership said the idea started as a project led by the community. Now, it is ready to grow inside one of the world’s biggest exchanges. Crypto Industry Sees Big Wave of Mergers in 2025 The deal also shows the rise of mergers and acquisitions in crypto in 2025. With clearer rules under the Trump administration, exchanges and financial firms are joining forces and expanding their services. Earlier this year, Kraken agreed to buy U.S. retail futures platform NinjaTrader for $1.5 billion . The company said it was the biggest deal yet between crypto and traditional finance. Other large deals also happened this year. Coinbase bought Deribit for $2.9 billion, Robinhood purchased Bitstamp for $200 million, and Ripple acquired Hidden Road for $1.25 billion . These moves show that the crypto industry is growing fast and putting big money into building stronger systems for the future. The post Kraken Strengthens Trading Services with Breakout Acquisition appeared first on TheCoinrise.com .
