Prop Firm Breakout Review: Kraken’s Crypto Prop Firm Explained

Breakout is a crypto-native prop firm that funds traders with up to $200,000 after a single-phase evaluation. Kraken bought the company in September 2025, which makes it the only prop firm owned by a major exchange. You pay one fee, hit a 9% to 12% profit target, and keep 80% to 90% of the profits on the funded account. Payouts are on demand in USDC. That is the short answer. The rest of this Breakout prop firm review covers the plans, the pricing, the rules, and who should actually buy an evaluation. What Is Breakout?