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Kraken parent to acquire Reap for $600M to expand B2B payments structure
tanit boonruen
Payward, the parent of crypto exchange Kraken (KRAKEN), agreed to acquire Reap Technologies Holdings, a stablecoin-native, card-issuing, and payments infrastructure company, for $600M, the company said Thursday.
The acquisition will expand Payward Services, the company's business-to-business, or B2B, infrastructure platform, providing a globally regulated infrastructure