Crystal Tse / Bloomberg:

Kraken parent Payward agrees to buy Hong Kong-based Reap, which connects financial systems with digital assets, for $600M, and issues stock at a $20B valuation  —  The owner of crypto exchange Kraken has agreed to pay $600 million for Reap Technologies, a stablecoin-oriented provider of cross-border and business payments services.

Crystal Tse / Bloomberg:

Kraken parent Payward agrees to buy Hong Kong-based Reap, which connects financial systems with digital assets, for $600M, and issues stock at a $20B valuation  —  The owner of crypto exchange Kraken has agreed to pay $600 million for Reap Technologies, a stablecoin-oriented provider of cross-border and business payments services.

Source: TechMeme
Source Link: https://www.techmeme.com/260507/p19#a260507p19