Kraken: Acquires Bitnomial
Kraken parent Payward acquires Bitnomial, the first CFTC-licensed crypto derivatives firm, unlocking spot margin, perpetuals, and options under US regulation.
SourceKraken's parent company Payward just snapped up Bitnomial, the pioneering US exchange holding all three CFTC licenses for crypto-native derivatives that physically settle in assets like Bitcoin (BTC). This deal catapults Kraken into regulated futures, options, and perpetuals trading, building on Bitnomial's edge in delivering actual crypto settlements amid tightening crypto derivatives regulation. Kraken, already a heavyweight with past acquisitions bolstering its US regulatory strategy, now integrates spot margin under CFTC oversight, positioning it to dominate the crypto market crash recovery and Bitcoin price prediction plays as institutional demand surges.
Matt Hougan
@Matt_HouganBitwise Invest's CIO and FutureProof co-founder, former ETF.com CEO bringing deep investment expertise to digital assets.