Kraken Acquires CFTC-Regulated Exchange in $100 Million Deal
The deal, announced on October 16, represents a major step in Kraken’s endeavors to build a full-fledged trading platform ahead of its planned public listing in 2026. What the deal includes The deal combines $32.5 million in cash and $67.5 million in stock from Payward, Kraken’s parent company. The Small Exchange holds a Designated Contract … Read more