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Kraken Buys Breakout to Launch Prop Trading on Kraken Pro

Qualified traders may access up to $200,000 with up to 90% profit share after passing an evaluation.

Kraken acquires Breakout to expand global prop trading
Kraken enters prop trading: breakout acquisition gives funded accounts

Overview

  • Kraken said the Breakout deal took effect Sept. 1 and was announced Sept. 4, with the purchase price undisclosed.
  • The program will be integrated into Kraken Pro, offering more than 50 trading pairs and up to 5x leverage on Bitcoin and Ethereum contracts.
  • Access to funding requires buying and passing an evaluation and staying within drawdown limits, with payouts available on demand.
  • Funding caps include up to $100,000 per funded account and an aggregate maximum of $200,000 across accounts, with traders able to keep up to 90% of profits.
  • The shift into funded proprietary trading raises regulatory and risk‑management considerations, as Breakout’s founders say the platform has issued over 20,000 funded accounts since 2023.