POPA ReconKraken parent Payward Inc. acquires Reap for $600 million
Kraken parent Payward Inc. acquires Reap for $600 million Reap Technologies is a stablecoin-oriented provider of cross-border and business payments services. Reap is Payward’s first acquisition in Asia and its third-largest acquisition. The transaction will result in new business-to-business products. Reap has a payments business that connects traditional financial systems with digital assets, enabling cross-border money flow. It’s led by Daren Guo, who previously launched the Asia Pacific business for Stripe. 👉 bloomberg.com/news/articles/2026-05-07/kraken-parent-to-buy-reap-for-600-milli…
The excerpt is quoted from a public Telegram channel, which owns its text.