{"id":595479,"date":"2026-05-07T15:52:43","date_gmt":"2026-05-07T15:52:43","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/05\/07\/kraken-parent-payward-to-buy-reap-in-600m-stablecoin-payments-push\/"},"modified":"2026-05-07T15:52:43","modified_gmt":"2026-05-07T15:52:43","slug":"kraken-parent-payward-to-buy-reap-in-600m-stablecoin-payments-push","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/05\/07\/kraken-parent-payward-to-buy-reap-in-600m-stablecoin-payments-push\/","title":{"rendered":"Kraken parent Payward to buy Reap in $600M stablecoin payments push"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9wYXlsb2FkLmx1bS10cmkub3JnL2FwaS9hcnRpY2xlLWNvdmVycy9maWxlL0hJJTIwTGltaXQlMjBvcmRlciUyMHByb3RvY29scyUyMG9mZmVyJTIwbW9yZSUyMGZsZXhpYmlsaXR5JTIwYW5kJTIwZWZmaWNpZW5jeSUyMHRvJTIwdHJhZGVyczItMS5qcGc\/cHJlZml4PW1lZGlhJTJGYXJ0aWNsZS1jb3ZlcnM=.jpg\" alt=\"Kraken parent Payward to buy Reap in $600M stablecoin payments push\" class=\"type:primaryImage\" \/><\/p>\n<p>Kraken parent Payward agreed to buy Hong Kong-based Reap for up to $600 million, adding card issuance and stablecoin payment capabilities to its new B2B platform.<\/p>\n<p>Kraken parent Payward agreed to acquire Hong Kong-based Reap Technologies for up to $600 million, expanding its push into stablecoin payments and business-to-business (B2B) financial infrastructure.<\/p>\n<p>Payward has entered into a definitive agreement to acquire Reap for up to $600 million, the company <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260507546580\/en\/Payward-to-Acquire-Reap-to-Expand-B2B-Offering-with-Global-Payments-Infrastructure\" rel=\"noopener noreferrer\" target=\"_blank\">announced<\/a> Thursday. The deal is set to be paid in a mix of cash and Payward stock, in a transaction that values Payward\u2019s equity at $20 billion. It would expand Payward Services, the company&#8217;s B2B infrastructure platform <a href=\"https:\/\/blog.kraken.com\/product\/payward-services\/infrastructure-for-the-new-economy\">launched<\/a> in March 2026.<\/p>\n<p>The deal comes as crypto companies increasingly expand beyond trading services into payments infrastructure and stablecoin-related products as stablecoins gain traction among fintech firms and businesses.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/kraken-payward-reap-acquisition-600-million-asia\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Kraken parent Payward agreed to buy Hong Kong-based Reap for up to $600 million, adding card issuance and stablecoin payment capabilities to its new B2B platform. Kraken parent Payward agreed to acquire Hong Kong-based Reap Technologies for up to $600 million, expanding its push into stablecoin payments and business-to-business (B2B) financial infrastructure. Payward has entered [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-595479","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/595479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=595479"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/595479\/revisions"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=595479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=595479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=595479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}