Reap CEO Daren Guo: Payward Deal Accelerated Roadmap, Agentic Payments Next
- —Payward completed the Reap acquisition on July 1 for up to $600 million, valuing Payward at $20 billion
- —Reap keeps its own brand and licences to extend Payward's reach across Asia-Pacific and the Americas
- —In September Reap and Visa expanded their partnership to bring stablecoin card programs to over 100 markets
- —The agentic payments pilot runs with design partners, with a broader launch expected before the end of the year
Why it matters: The Kraken-linked deal strengthens stablecoin payment infrastructure in Asia and Latin America, while the bet on AI-agent payments could unlock a new demand segment.
Source: Blockhead