Payward, the parent company of cryptocurrency exchange Kraken, is acquiring Bitnomial, a derivatives company for digital assets, “for up to $550 million payable in cash and stock, in a transaction that values Payward’s equity at $20 billion,” officials say. As a result of the acquisition, Payward will get access to “a set of U.S. derivatives… Read More >>
Reporter’s Notebook: The SEC Stops Kraken’s Staking Service
The United States Securities and Exchange Commission (SEC) reports that it has charged Payward Ventures, Inc. and Payward Trading Ltd., both commonly known as the crypto exchange Kraken, with “failing to register the offer and sale of their crypto asset staking-as-a-service program, whereby investors transfer crypto assets to Kraken for staking in exchange for advertised… Read More >>
