Kraken to Acquire Hong Kong Stablecoin Firm Reap for $600 Million
Crypto exchange Kraken’s parent company Payward will acquire Hong Kong stablecoin payment firm Reap for $600 million, marking a major expansion in Asian stablecoin payments.
Key Points:
- Source: The Block
- Published: 2026-05-08
- Impact Score: Tier 1 (8.0/10)