Kraken, one of the world's leading cryptocurrency exchanges, has officially entered the proprietary trading space through the acquisition of Breakout, a platform specializing in prop trading services. The move marks a significant step in Kraken's strategy to broaden its offerings beyond traditional exchange functions, giving traders access to capital and new opportunities under a well-established brand.

The acquisition will allow Kraken to integrate Breakout's prop trading model into its ecosystem, providing traders with structured evaluation programs, funded accounts, and tools designed to help both experienced and aspiring professionals scale their trading activities. This expansion reflects growing demand in the prop trading industry, particularly as more traders seek access to institutional-level funding and resources without tying up their own capital.

With this strategic deal, Kraken is positioning itself not only as a crypto exchange but also as a comprehensive trading hub. By leveraging Breakout's expertise and combining it with Kraken's global infrastructure, the firm aims to offer a seamless, transparent, and well-supported prop trading experience to clients worldwide.