TLDR:
- Kraken has acquired Breakout, giving crypto traders a funded path with up to $200K and no deposit required.
- Breakout grew into a leading prop trading platform for crypto traders in under 19 months before Kraken’s acquisition.
- Traders on Breakout can now access funding from Kraken while keeping up to 90% of generated profits.
- The acquisition aims to expand access to capital for skilled crypto traders without needing personal investment upfront.
Big moves are happening in crypto trading. Kraken has confirmed it has acquired Breakout, a young but fast-growing trading platform. The deal marks a quick rise for Breakout, which launched less than two years ago.
Kraken is now stepping in to scale its model to a wider base of traders. The company said the move will create new opportunities for traders to access capital without putting in their own money.
Breakout’s co-founder Alex shared excitement on social media about the acquisition, noting the speed of the platform’s growth. In under 19 months, it became one of the largest evaluation-based prop platforms for crypto traders.
He said joining Kraken would give traders access to more resources and support.
Kraken echoed this in its official post. The exchange described Breakout as a new path for elite crypto traders. The firm promised funded accounts of up to $200,000, with no deposit required and a profit share of up to 90 percent.
The acquisition, according to Kraken’s announcement, is aimed at giving traders more direct access to capital. The company said that the structure would allow traders to focus purely on performance without the pressure of risking personal funds.
Incredibly excited to share that Breakout has been acquired by @krakenfx. In under 19 months since launch, Breakout has quickly evolved into the leading evaluation-based prop platform for crypto traders globally. https://t.co/XXjj24bKEK
— Alex (@unclesendit) September 4, 2025
Kraken Crypto Traders Gain New Funded Path
For traders, the structure is straightforward. Breakout provides evaluations to test trading skills. Successful candidates receive funded accounts where performance determines profits. With Kraken now backing the system, the scale of this model expands dramatically.
The exchange’s support could give more traders confidence to pursue strategies without upfront investment. The idea of keeping a large share of profits while using external capital is a draw for many. Kraken believes this opens the door to a wider range of professional and retail participants.
In Breakout’s early phase, thousands of traders used the platform to secure funding. With Kraken’s infrastructure now in place, that number is expected to grow. The firm indicated that it wants to reach more global traders, cutting entry barriers.
According to Kraken’s post on the deal, the acquisition strengthens its goal of building tools that empower traders across all levels. The company added that it is committed to creating more avenues for traders to prove and scale their strategies.
Price-Free Entry Attracts Attention
The biggest point for traders is the lack of personal deposit. Unlike traditional prop trading models, the Breakout system funded by Kraken removes that requirement. That means no direct price barrier at the start.
Instead, the evaluation process decides who gets capital. The structure rewards skill and discipline, not just access to funds. Kraken’s message on social media emphasized that traders can keep as much as 90 percent of profits from funded accounts.
This model could be especially appealing in a market where many retail traders struggle to find backing. By removing upfront costs, Kraken and Breakout position themselves to attract ambitious traders worldwide.
Industry watchers see this deal as Kraken’s way of reinforcing its reach beyond standard exchange services. By backing traders directly, the exchange extends its footprint deeper into trading activity itself.
The company’s post described this as the next stage in supporting trader growth.
