Kraken Parent Payward to Acquire Bitnomial for Up to $550 Million, Gaining Full CFTC-Licensed U.S. Derivatives Stack
Deal terms: Payward will acquire 100% of Bitnomial for up to $550 million payable in cash and stock, valuing the parent company’s equity at $20 billion.
Licenses secured: The transaction gives Kraken control of a fully CFTC-regulated U.S. derivatives platform, including an exchange, clearinghouse and brokerage.
Strategic impact: Bitnomial, the first crypto-native firm to hold the complete suite of CFTC licenses, spent over a decade b…
MicroStrategy Returns to Profit as Bitcoin Rebound Erases Unrealized Losses
MicroStrategy’s 780,897 BTC treasury has returned to an unrealized profit after Bitcoin climbed back above the company’s average entry price.The firm’s total holdings are now valued at approximately $59 billio…
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