
Kraken Acquires Breakout to Expand Capital Access for Advanced Crypto Traders
Areta Advises Breakout on Acquisition by Kraken
2025
M&A
Exchange & Trading Infrastructure
Breakout’s mission is to provide high-performing crypto traders with a transparent, evaluation-based path to access meaningful trading capital. Through its proprietary assessment framework, Breakout enables qualified traders to deploy strategies across 50+ crypto pairs, maintain discipline within predefined drawdown limits, and retain up to 90% of profits via on-demand payouts. Since its founding, Breakout has built a strong global community and become a trusted platform for traders seeking performance-driven capital access.
Kraken, a leading global crypto platform, acquired Breakout to expand its offering for advanced traders and strengthen its commitment to merit-based financial access. The acquisition enhances Kraken’s product suite by integrating Breakout’s evaluation-first model, enabling skilled traders to qualify for up to $200,000 in notional capital and scale their strategies within Kraken’s infrastructure. Over time, Breakout will be embedded directly into Kraken Pro, creating a unified environment for advanced traders to access capital, deploy at size, and manage performance seamlessly.
Areta acted as the exclusive financial advisor to Breakout, guiding the company throughout its sale process, supporting strategic acquirer engagement, and managing a competitive process designed to maximise strategic alignment and shareholder value.








