Kraken acquires Bitnomial for $550 million, strengthens derivatives offerings
Payward, the parent company of Kraken exchange, acquired Bitnomial for $550 million.
Published 29sem1 sourceImportant
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The fact
The acquisition allows Kraken to obtain Bitnomial's derivatives product licenses and expand its offerings.
The merger strengthens Kraken's position in the cryptocurrency derivatives market.
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