Payward Agrees to Acquire Bitnomial for Up to $550M, Expanding Kraken's Regulated Derivatives Footprint in the US
Payward, Kraken's parent entity, has reached a deal to purchase Bitnomial for as much as $550 million. The acquisition, valued at roughly $20 billion, gives Kraken direct access to a CFTC-regulated exchange and clears a path for offering settled crypto derivatives products in the United States.
This page was derived from source reporting with automated structuring or translation and reviewed for publication by CoinCex.
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