Kraken Parent Completes $550M Bitnomial Deal to Expand U.S. Crypto Derivatives

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The post Kraken Parent Completes $550M Bitnomial Deal to Expand U.S. Crypto Derivatives appeared first on Coinpedia Fintech News

Payward, the parent of Kraken, has completed its acquisition of Bitnomial for up to $550 million. The deal secures key Commodity Futures Trading Commission licenses, enabling a full regulated derivatives stack in the U.S. This includes plans for 24/7 crypto settlement, spot margin trading, and eventually perpetuals and options, marking a major step toward compliant crypto derivatives markets for U.S. investors.