Bitnomial Acquired by Payward | Financial Services M&A Deal

Payward has completed the acquisition of Bitnomial, a payments processing business in the United States. Bitnomial acquisition brings crypto derivatives infrastructure that supports trading and clearing workflows for regulated market participants. Payward acquires Bitnomial to expand its US crypto derivatives offering and strengthen financial services M&A capabilities in payments processing. The add on acquisition is a strategic acquisition by the Kraken parent, classified as an add on acquisition and closed, with deal size undisclosed.