Kraken’s parent company, Payward, has finalized the acquisition of Bitnomial.

Kraken’s parent company, Payward, has finalized the acquisition of the Bitnomial platform. This marks the first firm in the United States with a full suite of CFTC licenses for derivatives trading.

The parties have not disclosed the final terms of the agreement. In April, Payward valued Bitnomial at up to $550 million.

Through this deal, Payward has gained the status of broker, exchange, and clearinghouse. This…