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CEX has completed the acquisition of the futures trading platform NinjaTrader, with a Q1 revenue rise of 19%.
[CEX has completed the acquisition of the futures trading platform NinjaTrader, with a 19% rise in Q1 revenue] The cryptocurrency exchange CEX has completed the acquisition of the registered futures broker NinjaTrader with the Commodity Futures Trading Commission (CFTC) and reported a 19% year-on-year rise in its first quarter revenue, reaching $471.7 million. The acquisition of NinjaTrader will allow CEX’s US customers to access the traditional derivation market, aligning with its plans to expand its product range and become the preferred platform for all types of trading. This is reportedly the largest transaction to date between a cryptocurrency company and a TradFi firm.