Guavy AI Editorial TeamSentiment: 4Clout: 82

Kraken Exchange Secures Regulated Crypto Derivatives with Bitnomial Acquisition

Kraken Exchange's recent acquisition of Bitnomial marks a significant step towards regulated crypto derivatives in the US market. By gaining full CFTC licenses, Payward can now handle trading, clearing, and brokerage under one system, making it easier for larger players to enter the space.

The integration of Kraken, Bitnomial, and NinjaTrader will provide a single access point for banks, brokers, and payment firms to access crypto derivatives. This move is part of Payward's plan to expand its presence in regulated markets, following its successful entry into the UK and EU.