Kraken Parent Payward Explores Becoming a Full Bank Outside the U.S.

Kraken Parent Payward Explores Becoming a Full Bank Outside the U.S.

Payward is the corporate parent behind Kraken, and it is weighing whether to pursue a full banking operation rather than relying solely on third-party banking partners, according to reporting from The Block . For related coverage, see Aligned Launches $ALIGN, the Native Token of Its Full Ethereum Stack .Read more...

Kraken Parent Payward Eyes Full-Bank Expansion Beyond the US

Payward, the parent company of Kraken, is considering a wider banking approach beyond the U.S. The move could expand Kraken’s financial services beyond traditional cryptocurrency trading and custody. The company already operates Kraken Financial, a Wyoming-chartered bank serving institutional clients. That structure provides regulated custody and deposit services while keeping customer assets separate. Building Institutional Infrastructure Krake…

Kraken Parent Payward Moves Toward Full Bank Status, Co-CEO Says

BitcoinWorld Kraken Parent Payward Moves Toward Full Bank Status, Co-CEO Says Payward, the parent company of cryptocurrency exchange Kraken, is exploring a path to becoming a full bank, according to co-CEO Dave Ripley. In an interview with The Block, Ripley outlined plans to expand payments, lending, yield, and asset custody services beyond the United States, as the firm looks to transform its infrastructure into a suite of offerings that banks…