Payward to Acquire Bitnomial for Up to $550 Million

2026-04-17 20:15

Payward, the parent company of Kraken, has reached an agreement to acquire crypto derivatives firm Bitnomial in a deal valued at up to $550 million. The transaction, which includes both cash and stock components, values Payward at $20 billion. This acquisition is expected to enhance Payward's offerings in the crypto derivatives market, further solidifying its position in the industry.

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