{"id":90505,"date":"2026-05-07T17:31:32","date_gmt":"2026-05-07T17:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=90505"},"modified":"2026-05-07T17:31:32","modified_gmt":"2026-05-07T17:31:32","slug":"crypto-exchange-kraken-snags-reap-technologies-for-600-million","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=90505","title":{"rendered":"Crypto Exchange Kraken Snags Reap Technologies For $600 Million"},"content":{"rendered":"<div>\n<p><strong>Kraken<\/strong> has entered into a definitive <a href=\"https:\/\/www.benzinga.com\/crypto\">agreement to acquire<\/a> <strong>Reap Technologies,<\/strong> a stablecoin-native, card-issuing and payments infrastructure company, for up to $600 million payable in cash and stock.<\/p>\n<p>The transaction values <strong>Payward<\/strong>, the parent company of Kraken, at $20 billion and will expand the company\u2019s B2B infrastructure platform, unlocking globally regulated infrastructure for card issuance and stablecoin payments, the company <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260507546580\/en\/Payward-to-Acquire-Reap-to-Expand-B2B-Offering-with-Global-Payments-Infrastructure\">said<\/a> in a press release.<\/p>\n<p>The transaction is expected to close in the second half of 2026, subject to customary closing conditions and regulatory approvals.<\/p>\n<p>Payward is building a single platform for companies that want to offer modern financial products, from crypto trading and custody to tokenized assets and derivatives.<\/p>\n<div class=\"bz-read-next-block\"><\/div>\n<p>     data-variant=&#8221;card&#8221;<br \/>\n     data-news-mode=&#8221;manual&#8221;<\/p>\n<p>    &gt;<\/p>\n<p>\n<strong><br \/>\nRead Also:<br \/>\n<a href=\"https:\/\/www.benzinga.com\/markets\/private-markets\/26\/05\/52293756\/sec-investigates-potential-fraud-in-private-credit\" target=\"_blank\" rel=\"noopener\"><br \/>\nSEC Investigates Potiential Fraud In Private Credit<\/a><br \/>\n<\/strong>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kraken has entered into a definitive agreement to acquire Reap Technologies, a stablecoin-native, card-issuing and payments infrastructure company, for up to $600 million payable in cash and stock. The transaction values Payward, the parent company of Kraken, at $20 billion and will expand the company\u2019s B2B infrastructure platform, unlocking globally regulated infrastructure for card issuance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-90505","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/90505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=90505"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/90505\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}