The Wall Street Journal is reporting that crypto exchange operator Kraken is in advanced talks to acquire US based retail futures trading provider NinjaTrader, for $1.5 billion.

Citing “people familiar with the matter”, the WSJ said that the transaction is imminent and could be announced as early as today.

The (possible) deal comes at a time of reduced regulatory scrutiny under the Trump administration in the US for crypto companies, and for acquisitions in general. It would add a US FCM license to Kraken’s stable allowing it to offer derivative products to US retail traders, as well as provide a platform to expand internationally, where Kraken is already gathering licenses to offer trading products – such as CFDs – to retail traders around the world.

We will continue to follow this story as it develops.