Kraken parent Payward to become first crypto firm to buy a EU bank as it expands into deposits, lending
Payward agreed to buy Lithuania’s Saldo Bank, which holds $190 million in total assets, securing an EU license for deposits and lending. Source:CoinDesk
Kraken parent to buy Lithuanian Saldo Bank amid TradFi expansion
Payward expects to close the acquisition in 2027, enabling it to expand its traditional banking services into four EU operating markets already served by Saldo…
Kraken parent clears Dubai’s final hurdle for dirham trading rollout
Payward received full market approval from Dubai’s VARA to expand its digital asset services in the UAE, building on the preliminary approval received in May.…
Wells Fargo in talks with Kraken parent Payward for crypto trading liquidity
The discussions would see Payward supply liquidity for crypto trading as major banks deepen their involvement in digital assets. Source:CoinDesk
Kraken operator Payward and Singapore Gulf Bank platform for 24/7 institutional crypto settlement
The two firms will initially roll out the digital assets settlement service to select institutional clients in Asia and the Gulf region with aroundtheclock…
Kraken parent adds 24/7 dollar settlement with Singapore Gulf Bank
The partnership will enable select institutions in Asia and the Gulf region to instantly settle US dollar transactions through the bank’s SGB Net…
BNY in talks with Kraken parent Payward over infrastructure partnership
The potential agreement could span digital assets, custody, trading, payments and other financialmarket infrastructure. Source:CoinDesk
Coinbase gets CFTC approval for US derivatives clearinghouse
Coinbase joins Kraken in bringing US derivatives infrastructure inhouse, after Kraken’s parent acquired Bitnomial and its CFTCregulated exchange, clearinghouse…
Kraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchange
Kraken parent Payward is unifying trading, payments, asset management and institutional services on common rails, coCEO Arjun Sethi said. Source:CoinDesk
OG.com seeks CFTC approval for single-stock perpetual futures
OG.com, recently spun out of Crypto.com, joins Coinbase, Kalshi and Kraken parent Payward in seeking approval to bring perpetual futures to individual US…
Winners and losers of the SEC’s new tokenized stocks rules
The SEC has opened a fiveyear path for tokenized stocks, but only some products and venues fit the model. Will Uniswap, Robinhood, Coinbase or Kraken come out…
Elon Musk's X brings bitcoin and stock trading closer to the timeline
Elon Musk’s X lets U.S. users tap cashtags such as $BTC to view live charts and access Coinbase, Kraken and other trading platforms. Source:CoinDesk