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Kraken owner to pay $600m for stablecoin infrastructure firm Reap

May 8th 2026

The parent company of crypto exchange Kraken has agreed its second major acquisition in a matter of weeks, striking a $600 million deal to acquire stablecoin-native, card issuing and payments infrastructure platform Reap Technologies.

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Bank of Canada completes DLT-based bond issuance experiment

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One in seven UK high street shops went cashless in last year – survey

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Morgan Stanley to axe 2,500 staff across divisions

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Lloyds to sell customer data, cut IT costs to become “the UK’s biggest fintech” – FT

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Robinhood takes on Amex with $695-a-year platinum credit card

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Citi and HSBC invest in trading tech player Adaptive

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