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acquisitionAnnounced · May 8, 2026Digital AssetsSource · CredibleArticle · Factual
Kraken acquires Reap
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$600M
Target
Reap
Hong Kong
Acquirer
Kraken
Full Acquisition
Status
Pending
Kraken agreed to acquire Reap. Reported deal value: $600M. Status: Pending. Sector: Digital Assets. Target headquarters context: Hong Kong, Hong Kong.
This page summarizes publicly available information about the transaction as of 2026-05-08. Figures and status may change as filings and press coverage update.
Payward isn’t the only party to benefit geographically from the Reap tie-up
Deal timeline
Announced
May 8, 2026 · bankingdive.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Digital Assets with a reported deal value of $600M. Figures and status may change as sources update.
Sources: bankingdive.com · Primary article · FireStrike proprietary index