Kraken parent Payward closes $550 million Bitnomial deal, securing full CFTC derivatives stack
CoinDesk
Payward has acquired Bitnomial for $550 million, securing a full CFTC-regulated derivatives stack to expand its U.S. crypto trading offerings.Summary
Payward, the parent company of the crypto exchange Kraken, has completed a $550 million acquisition of Bitnomial. This deal grants Payward a full suite of CFTC-regulated U.S. derivatives licenses, including a futures broker, exchange, and clearinghouse. By integrating Bitnomial with its 2025 acquisition of NinjaTrader, Payward aims to offer regulated spot margin, perpetual futures, and options to U.S. users and institutional partners through a unified platform, reducing reliance on third-party venues and offshore markets.
(Source：CoinDesk)