Kraken Owner Payward to Acquire Bitnomial for $550M, Securing Full CFTC-Licensed U.S. Crypto Derivatives Stack

Payward, owner of Kraken, agreed to acquire Bitnomial for $550 million, gaining a fully CFTC-licensed U.S. crypto derivatives stack. The deal values Payward at $20 billion and aims to close in 2026, enhancing Payward's regulated infrastructure for digital assets.