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Kraken parent company Payward agrees to acquire Bitnomial, a digital asset derivatives platform, for up to $550M in cash and stock, which values Payward at $20B (Will Canny/CoinDesk)

Techmeme
Techmeme

Will Canny / CoinDesk: Kraken parent company Payward agrees to acquire Bitnomial, a digital asset derivatives platform, for up to $550M in cash and stock, which values Payward at $20B  —  The deal gives Payward control of a fully licensed U.S. crypto derivatives stack, accelerating its expansion in regulated markets.