{"id":36181,"date":"2026-04-20T12:23:18","date_gmt":"2026-04-20T12:23:18","guid":{"rendered":"https:\/\/buvei.com\/blog\/?p=36181"},"modified":"2026-04-20T12:23:18","modified_gmt":"2026-04-20T12:23:18","slug":"kraken-acquires-bitnomial-for-550m-secures-full-u-s-derivatives-stack-2","status":"publish","type":"post","link":"https:\/\/buvei.com\/blog\/pt\/kraken-acquires-bitnomial-for-550m-secures-full-u-s-derivatives-stack-2\/","title":{"rendered":"Aquisi\u00e7\u00e3o da Bitnomial pela Kraken: Transformando a Paisagem de Ativos Digitais dos EUA"},"content":{"rendered":"<h2>Aquisi\u00e7\u00e3o da Bitnomial pela Kraken: Transformando a Paisagem de Ativos Digitais dos EUA<\/h2>\n<div><\/div>\n<h3>Resumo Executivo<\/h3>\n<div><\/div>\n<div>Em uma medida transformadora para o paisagem de ativos digitais dos EUA, a Kraken (Payward) assinou um acordo definitivo para adquirir a Bitnomial por at\u00e9 <strong>US$ 550 milh\u00f5es<\/strong>. Esta transa\u00e7\u00e3o concede \u00e0 Kraken uma rara pilha de derivados integrada verticalmente, posicionando a exchange para competir diretamente tanto com gigantes nativos de criptomoedas quanto com institui\u00e7\u00f5es tradicionais de Wall Street.<\/div>\n<div>\n<h2 data-path-to-node=\"5\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-36134\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-28.webp\" alt=\"\" width=\"1600\" height=\"896\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-28.webp 1600w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-28-300x168.webp 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-28-1024x573.webp 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-28-768x430.webp 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-28-1536x860.webp 1536w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-28-400x224.webp 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-28-800x448.webp 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-28-832x466.webp 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-28-1248x699.webp 1248w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/h2>\n<\/div>\n<h2>O Poder de uma Licen\u00e7a de \"Stack Completo\" (Full Stack)<\/h2>\n<div><\/div>\n<h3>Foco Estrat\u00e9gico: Regulamenta\u00e7\u00e3o \u00danica<\/h3>\n<div><\/div>\n<div>A aquisi\u00e7\u00e3o centra-se estrategicamente na <strong>pegada regulat\u00f3ria \u00fanica<\/strong> da Bitnomial. \u00c9 a \u00fanica empresa nativa de criptomoedas nos EUA a detentar as tr\u00eas licen\u00e7as essenciais da CFTC:<\/div>\n<div><\/div>\n<ul>\n<li><a href=\"https:\/\/buvei.com\/blog\/online-payment-virtual-cards-high-approval-in-bangladesh\/\"><strong>Designated Contract Market (DCM)<\/strong><\/a>: Opera a pr\u00f3pria bolsa de valores.<\/li>\n<li><strong>Derivatives Clearing Organization (DCO)<\/strong>: Gerencia a c\u00e2mara de compensa\u00e7\u00e3o para liquida\u00e7\u00e3o.<\/li>\n<li><strong>Futures Commission Merchant (FCM)<\/strong>: Funciona como o bra\u00e7o de corretagem.<\/li>\n<\/ul>\n<div><\/div>\n<div>Ao adquirir essa \"santa trindade\" de licen\u00e7as, a Kraken ignora anos de engajamento regulat\u00f3rio e desenvolvimento de infraestrutura. Como Arjun Sethi, co-CEO da Kraken, observou: \"A forma de um mercado \u00e9 determinada por sua infraestrutura de compensa\u00e7\u00e3o, n\u00e3o por sua interface frontal.\"<\/div>\n<div>\n<h2 data-start=\"1124\" data-end=\"1167\"><a href=\"https:\/\/buvei.com\/?s=blog\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-28870 aligncenter\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-300x90.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-768x230.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-400x120.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-800x240.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-832x249.png 832w\" alt=\"\" width=\"1024\" height=\"307\" \/><\/a><\/h2>\n<\/div>\n<h2>Por Que a Bitnomial? Arquitetura Nativa de Cripto vs. Adaptacao Legada<\/h2>\n<div><\/div>\n<h3>Diferen\u00e7a Fundamental: Constru\u00edda do Zero para Cripto<\/h3>\n<div><\/div>\n<div>Diferente de plataformas derivadas tradicionais que tentaram adaptar sistemas legados para ativos digitais, a Bitnomial foi <strong>constru\u00edda do zero para a criptomoeda<\/strong>. Essa arquitetura \"nativa de cripto\" permitiu \u00e0 Bitnomial pioneer several avan\u00e7os nos EUA:<\/div>\n<div><\/div>\n<ul>\n<li><strong>Colateral de Margem Regulado pela CFTC<\/strong>: Permitindo o uso direto de criptomoedas como garantia.<\/li>\n<li><strong>Mercados Cont\u00ednuos 24\/7<\/strong>: Operando em uma linha do tempo nativa de blockchain, n\u00e3o nos hor\u00e1rios de mercado tradicionais.<\/li>\n<li><strong>Futuros Perp\u00e9tuos<\/strong>: Introduzindo o produto de derivados de cripto mais popular em uma estrutura regulamentada dos EUA.<\/li>\n<\/ul>\n<div><\/div>\n<h2><a href=\"https:\/\/buvei.com\/blog\/best-virtual-card-platforms-in-canada-2026-the-industrial-audit\/\">Impacto Estrat\u00e9gico: Desafiam Coinbase e CME<\/a><\/h2>\n<div><\/div>\n<h3>Posicionamento Competitivo Imediato<\/h3>\n<div><\/div>\n<div>O acordo eleva instantaneamente o posicionamento competitivo da Kraken. Nos EUA, a empresa agora pode oferecer um conjunto regulamentado de <strong>margem \u00e0 vista, futuros perp\u00e9tuos e op\u00e7\u00f5es<\/strong>. Isso coloca a Kraken em uma \"jogada de tesoura\" contra dois tipos de rivais:<\/div>\n<div><\/div>\n<ul>\n<li><strong>Concorrentes Nativos de Cripto<\/strong>: Desafiam a Coinbase pela domin\u00e2ncia em derivados regulamentados dom\u00e9sticos.<\/li>\n<li><strong>Institui\u00e7\u00f5es Legadas<\/strong>: Competem por volume institucional against o CME Group, oferecendo uma experi\u00eancia de negocia\u00e7\u00e3o mais \u00e1gil e 24\/7.<\/li>\n<\/ul>\n<div><\/div>\n<h2>Expans\u00e3o da Infraestrutura B2B<\/h2>\n<div><\/div>\n<h3>Potencial do Bra\u00e7o B2B da Kraken (Payward Services)<\/h3>\n<div><\/div>\n<div>Al\u00e9m do varejo, a aquisi\u00e7\u00e3o impulsiona o <strong>Payward Services<\/strong>, o bra\u00e7o B2B da Kraken. Fintechs, bancos e corretoras agora podem aproveitar as licen\u00e7as da Kraken por meio de uma \u00fanica API. Em vez de passar uma d\u00e9cada construindo sua pr\u00f3pria infraestrutura regulat\u00f3ria e de compensa\u00e7\u00e3o, empresas parceiras podem lan\u00e7ar ofertas de derivados dos EUA <strong>\"white-label\"<\/strong> impulsionadas pela Kraken.<\/div>\n<div>\n<h2 data-path-to-node=\"17\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-36135\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-29.webp\" alt=\"\" width=\"1600\" height=\"896\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-29.webp 1600w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-29-300x168.webp 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-29-1024x573.webp 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-29-768x430.webp 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-29-1536x860.webp 1536w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-29-400x224.webp 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-29-800x448.webp 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-29-832x466.webp 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/04\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-29-1248x699.webp 1248w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/h2>\n<\/div>\n<h2>Valoriza\u00e7\u00e3o e Caminho para a IPO<\/h2>\n<div><\/div>\n<h3>Avalia\u00e7\u00e3o e Estrat\u00e9gia Institucional<\/h3>\n<div><\/div>\n<div>A aquisi\u00e7\u00e3o valoriza o patrim\u00f4nio l\u00edquido da Payward em <strong>US$ 20 bilh\u00f5es<\/strong>. Embora a Kraken tenha enfrentado desafios \u2014 incluindo uma queda de 33% na valoriza\u00e7\u00e3o em sua \u00faltima rodada de financiamento \u2014 o acordo com a Bitnomial preenche a lacuna mais cr\u00edtica em sua estrat\u00e9gia de expans\u00e3o institucional. Com opera\u00e7\u00f5es licenciadas j\u00e1 ativas no Reino Unido e na UE, a Kraken agora possui uma <strong>motor de derivados global e regulamentado verdadeiramente<\/strong>.<\/div>\n<div><\/div>\n<h2 data-start=\"1124\" data-end=\"1167\"><a href=\"https:\/\/buvei.com\/?s=blog\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-28870 aligncenter\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-300x90.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-768x230.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-400x120.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-800x240.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-832x249.png 832w\" alt=\"\" width=\"1024\" height=\"307\" \/><\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"Aquisi\u00e7\u00e3o da Bitnomial pela Kraken: Transformando a Paisagem de Ativos Digitais dos EUA Resumo Executivo Em uma medida&hellip;","protected":false},"author":6,"featured_media":36134,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":""},"categories":[27],"tags":[6608,1877,5401,7981,5409],"class_list":{"0":"post-36181","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-payment-basics-pt","8":"tag-advertising-payments-pt","9":"tag-digital-payments-pt","10":"tag-instant-virtual-card-pt","11":"tag-secure-online-payments-pt","12":"tag-usdt-top-up-pt","13":"cs-entry"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts\/36181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/comments?post=36181"}],"version-history":[{"count":0,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts\/36181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/media\/36134"}],"wp:attachment":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/media?parent=36181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/categories?post=36181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/tags?post=36181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}