Payward, the parent company of Kraken, announced it has completed its acquisition of crypto derivatives venue Bitnomial, giving it control of a fully CFTC-regulated derivatives stack in the United States.The acquisition gives Payward a Futures Commission Merchant, Designated Contract Market and Derivatives Clearing Organization, infrastructure it plans to use to expand CFTC-regulated products across Kraken and NinjaTrader, starting with spot margin, with perpetuals and options expected to follow.Payward said Bitnomial will continue operating within its existing regulatory structure, with the deal enabling partners, including fintechs, banks and brokerages, to access US-regulated derivatives through the company’s infrastructure platform.The “definitive agreement” to…

The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the Ethereum Foundation’s core operations and activities, including protocol R&D, ecosystem development, community grant funding and more,” the Foundation wrote in a Friday post on X.The sale follows a nearly identical 10,000 ETH transaction completed just one week earlier at $2,387 per coin. The Foundation’s first sale to BitMine came in March, when it sold 5,000 ETH at around $2,043. Combined, the Foundation has sold approximately…

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