Kraken's parent company Payward to acquire derivatives exchange Bitnomial for $550 million in cash and stock

Kraken's parent company Payward to acquire derivatives exchange Bitnomial for $550 million in cash and stock

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailKraken's parent company Payward to acquire derivatives exchange Bitnomial for $550 million in cash and stockThe deal gives Payward control of a fully licensed U.S. crypto derivatives stack, accelerating its expansion in regulated markets.By Will Canny|Edited by Nikhilesh De, Aoyon AshrafUpdated Apr 17, 2026, 1:04 p.m. Published Apr 17, 2026, 12:15 p.m. Make preferred on Kraken Co-CEO Arjun Sethi. (Jesse Hamilton/CoinDesk)What to know: Payward agreed to acquire Bitnomial for up to $550 million in cash and stock.The deal brings three licenses under Kraken's roof: a brokerage, a clearinghouse and an exchange. The acquisition will expand Payward’s U.S. derivatives push across Kraken, NinjaTrader and B2B infrastructure.Crypto exchange Kraken'

Source: https://www.coindesk.com/business/2026/04/17/kraken-s-parent-company-payward-to-acquire-derivatives-exchange-bitnomial-for-usd550-million-in-cash-and-stock