Payward Acquires Bitnomial, Expanding Regulated Crypto Derivatives in US

Payward Inc., the parent company of Kraken, has completed its acquisition of Bitnomial, a US-based provider of cryptocurrency futures and options. This development marks a significant step towards expanding regulated crypto derivatives offerings in the US market.

The acquisition provides Payward with access to infrastructure overseen by the Commodity Futures Trading Commission (CFTC), enabling the company to offer regulated futures and options products tied to digital assets. This move is expected to attract more institutional clients to the platform.