Kraken
Kraken operator Payward and Singapore Gulf Bank partner 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 around-the-clock U.S. dollar settlement.
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, co-CEO Arjun Sethi said.
Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid
Leveraging its $550 million acquisition of Bitnomial, Payward aims to become the first registered U.S. exchange to deploy markets on the Hyperliquid protocol.
Nasdaq invests $100 million in Kraken parent company Payward at $21 billion valuation
The investment expands a strategic partnership to bring tokenized, voting-enabled equities to crypto exchange users.
SoFi, Kraken tie up as crypto and banking push into each other's turf
Kraken is joining SoFi's settlement network and list SoFiUSD as the companies link traditional banking with crypto markets.
Kraken parent Payward delays IPO to second quarter of 2027 at earliest
The crypto exchange operator, which confidentially filed for a U.S. listing last November, had already put its IPO plans on hold amid difficult market conditions.
Kraken users briefly locked out after a flood of sanctioned crypto transactions
The activity, appearing to spread sanctioned funds to trigger account restrictions, occurred between Aug. 17 and Aug. 24.
Kraken parent Payward joins Anthropic’s Project Glasswing for AI security push
Payward will use Anthropic’s cybersecurity model to hunt vulnerabilities and share open-source findings.
Kraken parent expands tokenized stocks to Hong Kong, UK and South Korea equities
Payward's xStocks pushes beyond U.S. equities as competition to bring global stock markets onchain accelerates.
Kraken says simpler options can unlock crypto's next derivatives market
The Wyoming-based firm launched USD-settled bitcoin and ether options, saying product design, not demand, has held back adoption.
