Acquiring Company
Payward
Acquired Company
Bitnomial
CheyenneChicagoInformation TechnologyInformation TechnologyDescription
Payward completed the acquisition of Bitnomial for $550 million on May 1. This deal added a regulated contract market and enhanced Payward's derivatives operation. The acquisition aims to support the regulation of perpetual futures and expand trading offerings. Payward is also assessing further opportunities for its derivatives exchange.
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Based on deal dataFrequently asked
Who acquired Bitnomial?
Bitnomial was acquired by Payward, based in Cheyenne. The deal was reported on August 16, 2026. Payward is privately held and operates in Information Technology.
When did Payward acquire Bitnomial?
Payward's acquisition of Bitnomial was reported on August 16, 2026. Payward completed the acquisition of Bitnomial for $550 million on May 1. This deal added a regulated contract market and enhanced Payward's derivatives operation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Bitnomial do?
Bitnomial was founded in 2014 to create a marketplace connecting native digital asset hedgers with institutional traders. Bitnomial offers improved derivatives exchange technology coupled with new digital asset settlement systems. It is privately held, operating in Information Technology, and is based in Chicago.