Kraken’s parent company Payward to acquire derivatives exchange Bitnomial for $550 million in cash and stock.
The parent company of cryptocurrency exchange Kraken has agreed to acquire digital asset derivatives platform Bitnomial for up to $550 million, Payward said in a press release shared exclusively with CoinDesk, in a cash-and-stock deal that values ​​the company at $20 billion. Founded over a decade ago, Bitnomial is the first cryptocurrency-native platform to obtain…