Kraken's parent company Payward to acquire derivatives exchange Bitnomial for $550 million in cash and stock.
The deal gives Payward control of a fully licensed U.S. crypto derivatives stack, accelerating its expansion in regulated markets.Updated Apr 17, 2026, 1:04 p.m. Published Apr 17, 2026, 12:15 p.m. Make preferred on Crypto exchange Kraken's parent company has agreed to acquire digital asset derivatives platform Bitnomial for up to $550 million, in a cash-and-stock transaction that values the firm at $20 billion, Payward said in a press release exclusively shared with CoinDesk.Bitnomial, founded ...
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