Payward, the parent company of crypto exchange Kraken, has completed its acquisition of Bitnomial, giving the firm a full U.S. derivatives stack regulated by the Commodity Futures Trading Commission (CFTC). The deal gives Payward control of Bitnomial’s futures broker, exchange and clearinghouse licenses. That structure… Read More
Crypto exchange Kraken says it filed 56 million crypto-transaction forms with the U.S. Internal Revenue Service (IRS) for the 2025 tax year. Roughly 18.5 million of them covered transactions worth less than $1, and over half were for $10 or less. Only 8.5% of the… Read More
STS Digital, a trading firm specializing in crypto options, unveiled a structured-products platform aimed at sophisticated investors as digital assets gain growing acceptance among traditional financial institutions. One month after raising $30 million, the Bermuda-based company said the platform, which covers 400 tokens, is aimed… Read More
Eightco Holdings’ (ORBS) shares rose as much as 25% in early trading after the firm said it secured $125 million in new institutional funding commitments and made $75 million in AI and crypto investments. The commitments include $75 million from Bitmine Immersion Technologies (BMNR), an… Read More
Kraken, the cryptocurrency exchange preparing to go public in the U.S. early next year, has unveiled an invitation-only VIP program tailored to ultra high net worth individuals, sophisticated traders and strategic capital allocators, the company said. Crypto exchanges are looking to fill the gap when… Read More
Crypto exchange Kraken has raised $800 million in fresh funding, including $200 from investment from Citadel Securities, to accelerate its efforts to bring traditional financial markets onto blockchain infrastructure, the company said Tuesday. The round was split across two tranches, with the main one led… Read More
