MEDIUMVulnerability
Global

Kraken owner to pay $600m for stablecoin infrastructure firm Reap

·Source: Finextra

Updated:

Executive Summary

The parent company of crypto exchange Kraken has agreed its second major acquisition in a matter of weeks, striking a $600 million deal to acquire stablecoin-native, card issuing and payments infrastructure platform Reap Technologies.

Analysis

The parent company of crypto exchange Kraken has agreed its second major acquisition in a matter of weeks, striking a $600 million deal to acquire stablecoin-native, card issuing and payments infrastructure platform Reap Technologies.
Source Attribution

Originally published by Finextra on May 8, 2026.

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