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 (Oct 2026)

Most viewed in 2019

Kraken has made a total of 17 acquisitions. It has invested across 6 sectors, including Cryptocurrencies, Investment Tech, and Forex Tech, spanning 7 countries, most frequently in United States, Netherlands, and Switzerland. Peak acquisition years were 2025 with 5 acquisitions, 2016 with 4, and 2019 with 3. Over the last five years (2020–2025), the average number of acquisitions per year is 1.6, with 0 acquisitions completed in the current calendar year. The most recent acquisition is Backed, founded in 2021; based in Baar, it operates an online platform for tokenized stocks on Ethereum and 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	dl{e	jegq	39	651
Oct 16, 2025	Small Exchange	gidy	qae{	28	552
Sep 04, 2025	Breakout	ugiz	ayfq	85	728
Aug 20, 2025	Capitalise.ai	lfju	tqzg	91	860
Mar 20, 2025	NinjaTrader	izii	tpjz	39	505