Premia has acquired Raven Market in an all-cash transaction, bringing the Canton-native institutional derivatives platform and all of its technology, intellectual property, pricing models, and infrastructure into Premia's institutional offering.
Raven launched on Canton Network approximately six months ago with a stated aim of building derivatives infrastructure designed for regulated participants on programmable financial infrastructure. The team moved from testnet through private beta, working alongside ecosystem partners including BitSafe Finance, Chainlink, and Loop, before reaching a production-ready state. Raven will no longer operate as an independent product following the acquisition.
Premia currently serves 38 institutional clients and manages more than $127 million in assets under management. The firm became a Canton Network validator as part of its expanding digital asset strategy. Raven's technology will be fully integrated into Premia's core institutional platform, with members of Raven's support and engineering team working alongside Premia through the integration process.
"Raven has built exceptional technology that aligns closely with our long-term vision for institutional digital assets," said Bella Thron, Managing Partner of Premia. "Integrating Raven into Premia strengthens our offering and accelerates our strategy on the Canton Network."
Akshay Sinha, Founder of Raven Market, said the acquisition represents the right outcome for what the team built. "We wanted to explore what institutional derivatives could look like on programmable financial infrastructure and prove that vision in production. We're confident that Premia is the right steward for Raven's intellectual property."
