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Kraken's parent company completes acquisition of Bitnomial, officially entering the US crypto derivatives market

1 hours ago

On May 4, Payward — Kraken’s parent company — announced it has completed its acquisition of Bitnomial, marking official approval to offer cryptocurrency derivatives services in the U.S. Post-transaction, Payward now holds a full suite of licenses from the U.S. Commodity Futures Trading Commission (CFTC) — including Futures Commission Merchant (FCM), Designated Contract Market (DCM), and Derivatives Clearing Organization (DCO) statuses — enabling it to offer spot margin, perpetual futures, and options trading to eligible U.S. customers. Payward Co-CEO Arjun Sethi said the firm will first launch spot margin products on Kraken, then roll out perpetual futures and options gradually. Headquartered in Chicago, Bitnomial is among the few U.S. platforms with a full set of crypto derivatives licenses. Post-acquisition, it will retain its original licenses and business structure, acting as the core of Payward’s U.S. derivatives strategy. Additionally, Payward noted the deal will also give partners — including banks, brokers, and payment providers — new access to the U.S. crypto derivatives market. Earlier, the firm secured a $200 million investment from Deutsche Börse Group and has confidentially filed for an IPO with the SEC.
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The SKYAI presale early participants enjoyed significant returns, now ranking first in BSC Foundation token holdings value.

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The Price of WTI and Brent Oil Fluctuates Upwards as the Media Reports the Impending U.S. Operation in Hormuz Strait

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