Mon, 04 Maregulation

Kraken parent Payward closes $550 million Bitnomial deal, securing full CFTC derivatives stack

Burns Brief

The deal gives Payward a full CFTC-regulated derivatives stack in the U The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.

The deal gives Payward a full CFTC-regulated derivatives stack in the U.S.

Key Takeaways