Crypto prop trading heats up as exchanges and AI platforms compete

[AIcash]

Kraken’s entry into prop trading has reshaped competition across the sector, putting traditional firms and crypto-native platforms on notice.

By integrating Breakout into Kraken Pro, the exchange can identify skilled traders while generating revenue from evaluation fees and profit-sharing. Breakout had already issued more than 20,000 funded accounts since launching in 2023, which now gain access to Kraken’s liquidity and security standards.

Established players like FTMO have responded by expanding crypto offerings, while newer platforms are differentiating through trader development tools. Some firms are integrating AI-based coaching to address the industry’s high failure rates, where only a small percentage of traders pass evaluations. As institutional involvement grows, analysts expect consolidation — and rising standards — across crypto prop trading.

[nihalsari]

kraken jumping into prop trading feels like a “game over” moment for smaller shops