Kraken parent Payward closes Bitnomial deal to expand US crypto derivatives
Burns Brief
The acquisition provides a fully licensed derivatives stack under CFTC oversight, covering trading, clearing and brokerage 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 acquisition provides a fully licensed derivatives stack under CFTC oversight, covering trading, clearing and brokerage.
Key Takeaways
- The acquisition provides a fully licensed derivatives stack under CFTC oversight, covering trading, clearing and brokerage