Kraken's parent company to acquire CFTC-regulated exchange Bitnomial

Kraken's parent company to acquire CFTC-regulated exchange Bitnomial

1.12%TRX$0.3271 0.04%LINK$9.63 0.97%ADA$0.2601 0.52%BCH$455.16 1.85%XRP$1.47 1.79%ETH$2,428 3.25%BTC$77,405 3.11%XMR$347.34 0.64%BNB$642.25 1.33%XLM$0.174 3.28%SOL$89.06 0.28%HYPE$44.50 1.88%USD Written by Vince Quill,Staff WriterReviewed by Robert Lakin,Staff EditorKraken's parent company to acquire CFTC-regulated exchange Bitnomial3 hours agoPayward, the parent company of the Kraken crypto exchange, cited Bitnomial's regulatory licenses as the primary driver for the acquisition. Payward, the parent company of the Kraken cryptocurrency exchange, announced on Friday that it has entered into a “definitive agreement” to acquire Bitnomial, a US-licensed cryptocurrency and derivatives exchange; the deal values Bitnomial’s equity at $20 billion. Bitnomial is the “first” crypto-native exchange in the United States to hold all three regulatory licenses from the Commodity Futures Trading Commiss

Source: https://cointelegraph.com/news/kraken-parent-acquire-cftc-bitnomial?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound