Kraken Buys U.S. Crypto Derivatives Exchange for $550 Million

Kraken, a top three crypto exchange in the U.S., said it agreed to buy Bitnomial, a U.S. crypto derivatives exchange, for up to $550 million, which will allow it to offer crypto perpetuals, a type of risky crypto product popular on offshore platforms like Binance and Hyperliquid, in the U.S. ...

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