Paystand Acquires Bitwage

Payward to Acquire Reap Technologies Holdings to Expand Stablecoin Card and Cross-Border Payments

May 7, 2026

Payments & Fintech

Payward, Inc. (Kraken’s parent) has entered into a definitive agreement to acquire Reap Technologies Holdings Limited, a stablecoin-native card issuing and payments infrastructure company, for up to $600 million in cash and Payward stock. The deal expands Payward Services—its B2B financial infrastructure platform—into the global cards and stablecoin payments space, with Reap to continue operating as a standalone platform within Payward’s ecosystem.

Payward Acquires Bitnomial to Build a Fully CFTC-Licensed U.S. Crypto Derivatives Platform

April 22, 2026

Financial Services

Payward entered into a definitive agreement to acquire Bitnomial for up to $550 million in cash and stock, valuing Payward’s equity at about $20 billion. The deal combines Bitnomial’s fully CFTC-licensed U.S. derivatives infrastructure (exchange, clearinghouse, and brokerage) with Payward’s global distribution across Kraken and NinjaTrader, enabling regulated spot margin, perpetuals, and options for eligible U.S. clients.

Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion

October 20, 2024

Payments & Fintech

Stripe has acquired stablecoin payments platform Bridge for $1.1 billion, marking the largest acquisition in both Stripe's history and the crypto industry. Bridge provides APIs and software that enable businesses to accept stablecoin payments; the deal accelerates Stripe's push into crypto-backed payment rails and stablecoin support.

Paystand Acquires Teampay

April 25, 2024

Payments & Fintech

Paystand has acquired Teampay to combine blockchain-enabled B2B payments with Teampay's spend and expense management platform, creating a no-fee, end-to-end payments and spend management suite for CFOs. The combined network will serve more than 1 million businesses and expand Paystand's AR capabilities into AP and corporate expense controls; financial terms were not disclosed.

Paystand Acquires Yaydoo to Create a Global B2B AR/AP Payments Network

August 3, 2022

Payments & Fintech

Paystand, a U.S.-based blockchain-enabled B2B payments provider, has acquired Mexico-based Yaydoo, a leader in accounts payable, spend management, and cash-flow solutions in LATAM. The combined company will integrate AR and AP capabilities to create a single commercial blockchain-based B2B payments network across the Americas, expand market reach in the U.S. and LATAM, and aims to scale toward an IPO.

Cornerstone Global Management Acquires Paydrop

March 28, 2022

Payments & Fintech

Cornerstone Global Management, Inc. has acquired Paydrop in a cash-and-stock transaction, integrating Paydrop’s leadership and payment capabilities into Cornerstone’s Hedge payroll-to-crypto conversion platform. The deal expands Cornerstone’s ability to offer crypto and blended fiat/crypto payment services to freelancers, gig workers and traditional employers across the United States.