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Techub News, according to Cointelegraph, Payward, the parent company of Kraken, has completed the acquisition of Bitnomial, obtaining regulatory qualifications from the U.S. Commodity Futures Trading Commission (CFTC) and planning to offer cryptocurrency futures and options trading services in the United States. This acquisition provides Kraken with infrastructure fully regulated by the CFTC, enabling it to legally conduct cryptocurrency derivatives business in the U.S. The deal marks a significant step for Kraken in expanding its service scope within the U.S. regulatory framework.
Techub News reported, according to The Block, that derivatives exchange Bitnomial has launched the first regulated futures product for Tezos in the United States. The report also mentioned that the Tezos project was proposed in 2014 and raised $232 million through an ICO in 2017.
Techub News reported, according to The Block, that the Chicago-based derivatives exchange Bitnomial announced the launch of the first regulated Aptos (APT) futures product in the United States, with the initial phase opening to institutional traders. Bitnomial stated that the product is expected to be made available to retail investors "in the coming weeks" through its Botanical retail trading platform.
Techub News reports, according to Crypto in America, cryptocurrency derivatives exchange Bitnomial is preparing to launch spot cryptocurrency trading. The Chicago-based company filed a self-certification document last month under CFTC Regulation 40.6(a), which allows a registered Designated Contract Market (DCM) to implement new rules after demonstrating compliance with the Commodity Exchange Act. Bitnomial's self-certified rules cover the listing of "spot" products, including retail leveraged spot, enabling customers to directly buy, sell, and finance digital assets on the exchange.
Techub News, according to crypto.news, Payward has completed the acquisition of Bitnomial, obtaining three core licenses from the U.S. Commodity Futures Trading Commission (CFTC): a Futures Commission Merchant (FCM), a Designated Contract Market (DCM), and a Derivatives Clearing Organization (DCO). Kraken co-CEO Arjun Sethi stated that the company will first launch spot margin trading, followed by perpetual contracts and options products. The transaction is valued at up to $550 million. Bitnomial had previously spent over a decade securing the aforementioned three licenses. Payward stated that after the acquisition, Bitnomial will maintain its regulatory framework and third-party services, while also planning to expand its team. The company also revealed that it submitted a confidential S-1 filing in November last year, considering a public listing.
Techub News reports, according to CoinDesk, that Payward, the parent company of cryptocurrency exchange Kraken, has reached a definitive agreement to acquire U.S. digital asset derivatives platform Bitnomial for up to $550 million (in cash and stock). The deal values Payward at $20 billion. Bitnomial is the first crypto-native platform in the U.S. to obtain all three licenses required to operate a full-stack derivatives business: Designated Contract Market (DCM), Derivatives Clearing Organization (DCO), and Futures Commission Merchant (FCM). This acquisition aims to accelerate Payward's expansion into the regulated U.S. market and shorten its regulatory approval process. The combined platform will integrate Bitnomial's infrastructure with Payward's global distribution and liquidity resources from brands like Kraken and NinjaTrader. Initial products are expected to include spot margin, perpetual futures, and options. Additionally, the deal will expand Payward's B2B infrastructure business. This transaction covers 100% of Bitnomial's equity and is expected to be completed in the first half of 2026.
Techub News reported, according to CoinDesk, the U.S. Commodity Futures Trading Commission (CFTC) issued a "no-action letter" to the derivatives trading platform Bitnomial, approving it to offer prediction market services to U.S. customers. Trading conducted on Bitnomial's registered exchange will be cleared through Bitnomial Clearinghouse, LLC.
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