Kraken, a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom, has acquired Breakout. This prop-trading platform funds skilled crypto traders based on performance, expanding Kraken’s advanced trading offerings and enabling qualified users to access up to $200,000 in notional capital. The deal integrates Breakout’s evaluation-based model—which tests strategy, risk management, and discipline—into Kraken Pro, allowing successful traders to retain up to 90% of profits while benefiting from Kraken’s global infrastructure. This move strengthens Kraken’s mission to build open, merit-based capital systems and positions the company as a leader in performance-driven crypto trading tools.
Kraken Completes Major Acquisition of Breakout to Offer Prop Trading to Clients Globally