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Results for "kraken"

2 total
Kraken Parent Payward Buys Reap for $600 Million
BREAKINGVERIFIEDBy Xavier Rivera·Crypto/Finance· ·via Decrypt·1 min read

Kraken Parent Payward Buys Reap for $600 Million

Payward Inc., Kraken's parent, agreed to acquire Hong Kong stablecoin payments firm Reap Technologies for $600 million in cash and stock. The deal expands the company into Asian cross-border payments and marks its second major acquisition in a month after buying Bitnomial.

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Payward Closes $550M Bitnomial Deal, Securing CFTC Derivatives Stack
VERIFIEDBy Xavier Rivera·Crypto/Finance· ·via CoinDesk·1.5 min read

Payward Closes $550M Bitnomial Deal, Securing CFTC Derivatives Stack

Payward, the parent of Kraken, has acquired Bitnomial for up to $550 million in cash and stock. The deal provides a complete CFTC-regulated derivatives stack, enabling direct offering of regulated crypto products in the U.S. and following its earlier NinjaTrader purchase.

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