payward

#payward
#Bitnomial
#MarketRebound

🏛️🏗️ Payward (the parent company of Kraken) has acquired derivatives exchange Bitnomial for $550 million, securing rare US licenses that allow it to legally offer futures, options, and clearing services, further solidifying its dominance in the corporate finance market. 🚀🛡️

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Payward to acquire Bitnomial in $550M deal

#Kraken 's parent company #Payward has agreed to acquire derivatives exchange #Bitnomial in a deal valued at up to $550M in cash and stock.

The acquisition gives Payward access to a fully licensed U.S. derivatives infrastructure, supporting its expansion in regulated markets. The combined platform is expected to offer products such as futures and options under regulatory oversight.

​​Kraken postpones its IPO due to market conditions

#Kraken has decided to postpone its initial public offering (IPO) due to current market conditions. #Payward , Kraken’s parent company, announced that it confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) on November 19th for a potential initial public offering of its common stock. The company still intends to go public, but it is waiting for reduced crypto market volatility.

👉 coindesk.com/business/2026/03/17/crypto-exchange-kraken-freezes-multibillion-dollar-ipo-plan-due-to-difficult-market-conditions