Kraken parent Payward's Q1 revenue climbs despite crypto market slump
Co-CEO Arjun Sethi said the firm kept investing through market weakness, leaning on acquisitions and futures growth to offset softer spot trading.
Kraken
Kraken parent Payward closes $550 million Bitnomial deal, securing full CFTC derivatives stack
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
Kraken filed 56 million crypto tax forms for 2025. One-third were below $1
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 unveils structured crypto platform, brings in Kraken as distribution partner
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 shares jump $125 million funding commitment from Btmine, ARK, Kraken parent Payward
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 Launches High-Touch VIP Program for Ultra High Net Worth Clients
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