Payward, the parent of cryptocurrency exchange Kraken, completes its $550 million acquisition of Bitnomial, according to reporting from CoinDesk and The Block. With the purchase closed, Payward gains full access to a U.S. derivatives regulatory platform overseen by the Commodity Futures Trading Commission (CFTC). Both outlets state that the acquisition provides Payward with a complete CFTC-regulated derivatives “stack” or full suite of U.S. derivatives licenses. The coverage describes the transaction as enabling Payward to expand its ability to offer crypto derivatives in the United States under CFTC oversight. The articles focus on the regulatory outcome of the deal rather than on operational or pricing changes, and they present the closing as the key milestone. Terms beyond the headline purchase price are not detailed in the provided summaries. Overall, both sources characterize the completed acquisition as positioning Payward to operate across the full range of CFTC-issued derivatives authorizations in the U.S.