Kraken Parent Payward Agrees to Acquire Derivatives Exchange Bitnomial for $550 Million

Kraken Parent Payward Agrees to Acquire Derivatives Exchange Bitnomial for $550 Million

Kraken Parent Payward Agrees to Acquire Derivatives Exchange Bitnomial for $550 Million Price data byDecryptNewsBusinessKraken Parent Payward Agrees to Acquire Derivatives Exchange Bitnomial for $550 MillionThe acquisition will give Kraken access to complete CFTC-licensed crypto derivatives infrastructure in the U.S.By Decrypt AgentEdited by Andrew HaywardApr 17, 2026Apr 17, 20262 min readSource: Decrypt/ShutterstockCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Kraken parent company Payward entered into a definitive agreement to acquire Bitnomial for up to $550 million in cash and stock. The transaction values Payward's equity at $20 billion. Bitnomial holds all three CFTC-issued licenses required to operate a full-stack domestic crypto trading and derivatives business. Payward, the parent company o

Source: https://decrypt.co/364723/kraken-parent-payward-acquire-derivatives-exchange-bitnomial-550-million