Payward’s $550M acquisition of Bitnomial secures the only full CFTC-regulated crypto derivatives stack in the U.S., boosting Kraken’s market power.
Key takeaways
- Payward Finalizes $550 Million Acquisition of Bitnomial to Expand U.S. Derivatives Capabilities
- Kraken’s parent, Payward, just closed its $550 million buyout of Bitnomial, locking down the only fully CFTC-regulated crypto derivatives stack on U.S. soil. The deal,...
- Bitnomial’s edge was never just its technology. The Chicago-based firm spent years threading the regulatory needle, becoming one of the few native crypto companies to ...
- For Payward, the move isn’t just about scale. It’s about building a fortress inside U.S. borders. Kraken has seen the writing on the wall: CFTC oversight is becoming t...
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Canonical source: https://mlxio.com/crypto/payward-bitnomial-550m-cftc-crypto-derivatives
