How many acquisitions has Kraken made so far?

Kraken has completed 17 acquisitions so far, with an average acquisition amount of $800M.

Which countries does Kraken usually acquire in?

Kraken has made acquisitions in 7 countries with the most activity in United States and Netherlands.

Which is Kraken's latest acquisition?

Kraken's most recent acquisition is Backed, a Online platform offering tokenized stocks on Ethereum, acquired in December 2025.

Which sectors does Kraken target for acquisitions?

Most of Kraken's acquisitions are in Cryptocurrencies (11) and Investment Tech (4).

In which year did Kraken make the most acquisitions?

Kraken was most active in 2025, with 5 acquisitions completed in that year.

List of 17 Acquisitions by Kraken (Aug 2026)

Kraken has made a total of 17 acquisitions. Its activity spans 6 sectors, including Cryptocurrencies, Investment Tech, and Forex Tech, across 7 countries, most notably United States, Netherlands, and Switzerland. Peak acquisition years included 2025 with 5 acquisitions, 2016 with 4 acquisitions, and 2019 with 3 acquisitions. Between 2020 and 2025, the firm averaged 1.6 acquisitions per year, with 0 acquisitions completed in the current calendar year. The most recent acquisition is Backed, an online platform for tokenized stocks on Ethereum founded in 2021 in Baar, which was acquired in December 2025.

Here's the year on year acquisition history of Kraken:

Number of Total Acquisitions

Year	# Acquisitions
2025	5
2024	1
2023	1
2021	1
2020	1
2019	3
2017	1
2016	4

View all Acquisitions by Kraken

Recent acquisitions by Kraken

Kraken's most recent acquisition - Backed is a Online platform offering tokenized stocks on Ethereum, founded in 2021 and located in Baar. Kraken acquired it in December 2025 for a price of $*****.

Here is the list of all acquisitions by Kraken sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Dec 02, 2025	Backed	{p{x	krbo	31	923
Oct 16, 2025	Small Exchange	vgwq	ekfc	47	202
Sep 04, 2025	Breakout	uukp	ctzg	70	301
Aug 20, 2025	Capitalise.ai	ykvm	oszq	76	685
Mar 20, 2025	NinjaTrader	k{hb	vplb	74	683