Nakamoto Inc.
CompanySecurity timeline
- In the news by UnchainedNakamoto extends 60 million USDT Kraken loan by a year to December 2027
- In the news by CryptopolitanKraken parent Payward's earnings fall as crypto downturn hits trading and lending
Recent news
Nakamoto extends 60 million USDT Kraken loan by a year to December 2027
Nakamoto Inc. (NAKA) amended its Kraken loan on 11 November, moving 60 million of the 165 million USDT outstanding from December 2026 to December 2027. The remaining 105 million stays due on 30 June 2027, so no principal is due this year. Kraken now counts the net value of Nakamoto's derivatives toward its collateral tests.
Kraken parent Payward's earnings fall as crypto downturn hits trading and lending
Payward, the parent of Kraken, reported adjusted EBITDA of $60 million for Q3 2026, down 67% year on year, as trading volume fell 30% to $353 billion and platform margin dropped 12% to $487 million. Funded accounts rose 37% to 7.1 million. Kraken also extended Nakamoto Inc.'s repayment terms, and Bloomberg reports Payward's planned stock listing may not happen before next year.