Kraken parent Payward agrees to acquire Reap Technologies for $600 million

2026년 05월 07일

Payward, the parent company of cryptocurrency exchange Kraken, has agreed to acquire Hong Kong-based Reap Technologies for up to $600 million in a cash-and-stock deal. The transaction values Payward at $20 billion and represents the company's largest acquisition to date.

The deal, reported by Bloomberg on Thursday, expands Kraken's presence in Asia through stablecoin infrastructure and cross-border payments. Reap Technologies, founded by former Stripe Asia-Pacific lead Daren Guo and ex-investment banker Kevin Kang, connects traditional finance with digital assets using stablecoin-powered settlement for business-to-business flows.

사람들이 말하는 것

Initial reactions on X highlight excitement over Kraken's expansion into stablecoin payments and Asia infrastructure, with users noting the strategic shift beyond trading platforms and potential for B2B growth; some posts frame the deal as a power move while others suggest it reflects leverage rather than conviction.

🚨𝙃𝙀𝙍𝙀 𝙒𝙀 𝙂𝙊! Kraken is buying stablecoin-focused payments company Reap for $ 600M.

Another sign that crypto exchanges are evolving far beyond trading platforms.

Kraken parent Payward is acquiring Hong Kong-based Reap Technologies in a deal paid in cash + stock, with… pic.twitter.com/GTRd0Y7q7R

— Marcel van Oost (@oost_marcel) 2026년 5월 7일

⚡ Flash News

🏦 Kraken Expands Its Global Payments Push@Payward, @krakenfx parent company, agreed to acquire Reap for up to $600 million in cash and stock to expand cards, cross-border payments and stablecoin services. pic.twitter.com/nTkdbhuH6H

— Crypto Economy News (@CryptoEconomyEN) 2026년 5월 7일

KRAKEN PARENT PAYWARD TO ACQUIRE HONG KONG STABLECOIN PAYMENTS FIRM REAP IN $600 MILLION DEAL TO EXPAND ASIA INFRASTRUCTURE BUSINESS

— The Wolf Of All Streets (@scottmelker) 2026년 5월 7일

Kraken’s owner has agreed to acquire Reap Technologies for $600M.
Reap specializes in stablecoin-powered cross-border and business payments. pic.twitter.com/wzZma8oh8q

— Graph DAG (@graphdag) 2026년 5월 7일

KRAKEN’S PARENT JUST MADE A $600 MILLION STABLECOIN POWER MOVE

Payward Inc., the parent of crypto exchange Kraken,has agreed to acquire Hong Kong-based Reap Technologies in a deal worth up to $600 millionhttps://t.co/39PQtP9uEY pic.twitter.com/YGJrnSXSCV

— BEYOND THE BLOCK (@B3YONDTHEBLOCK) 2026년 5월 7일

소스

• https://cointelegraph.com/news/kraken-payward-reap-acquisition-600-million-asia
• https://decrypt.co/367094/kraken-parent-acquires-asian-stablecoin-firm-reap-600-million
• https://www.coindesk.com/business/2026/05/07/kraken-to-buy-stablecoin-payments-firm-reap-in-usd600-million-deal-bloomberg