JUST IN: Kraken's Parent Company Payward to Acquire Ripple-backed Bitnomial for $550M in cash & stock.

What's @Bitnomial?
→ First US crypto-native firm to hold ALL 3 CFTC licenses (Exchange + Clearinghouse + Brokerage)
→ Ripple led their $25M funding round in 2024
→ First to list CFTC-regulated XRP futures
→ First US clearinghouse to accept RLUSD & XRP as margin collateral

Why it matters:
→ Payward now owns Kraken + NinjaTrader ($1.5B) + Bitnomial ($550M)
→ Deutsche Börse just invested $200M in Payward
→ IPO S-1 filed with SEC, still active
→ Payward valued at $20B

Kraken is building the CME of crypto. Fully regulated. Vertically integrated. Inside the US.