Payward To Acquire CFTC-Regulated Crypto Derivatives Platform Bitnomial
Cointelegraph
Kraken parent company Payward has entered a definitive agreement to acquire US-licensed crypto derivatives exchange Bitnomial.Summary
Payward, the parent company of the cryptocurrency exchange Kraken, has announced a definitive agreement to acquire Bitnomial, a US-based exchange regulated by the Commodity Futures Trading Commission (CFTC). Bitnomial is noted for holding all three CFTC regulatory licenses—exchange, clearinghouse, and brokerage—which Payward leadership believes provides essential native infrastructure for digital asset settlement and collateral. By integrating Bitnomial, Payward aims to expand its US offerings to include spot margin trading, perpetual futures, and options, further strengthening its position in the regulated crypto market following recent expansion efforts, such as obtaining a Federal Reserve master account.
(Source：Cointelegraph)