Payward Acquires Bitnomial in $550 Million Deal, Expanding its US Crypto Derivatives Presence
Payward, the parent company of cryptocurrency exchange Kraken, has agreed to acquire Bitnomial, a digital asset derivatives platform, in a cash and stock transaction valued at up to $550 million. This deal gives Payward a fully licensed US crypto derivatives stack, allowing it to expand its presence in regulated markets. Bitnomial, founded over a decade ago, is the first crypto-native platform to…
April 17, 2026, 12:15 p.m.