14 stories tagged #Payward

  1. Kraken to Offer Tokenized US IPO Access to Retail Investors
    crypto

    Kraken to Offer Tokenized US IPO Access to Retail Investors

    Kraken's parent company launches xStocks framework, allowing eligible customers to buy tokenized shares at IPO price before public trading begins.

    7h ago 2 min read
  2. Kraken Parent Payward Reports $507M Q1 Revenue Amid Tokenization Push
    crypto

    Kraken Parent Payward Reports $507M Q1 Revenue Amid Tokenization Push

    Payward, Kraken's parent, posts $507M in Q1 revenue, fueled by tokenized equities, derivatives, and stablecoin expansions through acquisitions.

    2w ago 1 min read
  3. Minnesota Law Allows Banks and Credit Unions to Offer Crypto Custody
    crypto

    Minnesota Law Allows Banks and Credit Unions to Offer Crypto Custody

    Minnesota Governor Tim Walz signed a law enabling financial institutions to provide crypto custody services starting August 1.

    2w ago 1 min read
  4. Kraken Lays Off 150 Jobs as AI Advances, IPO Now Expected in 2027
    crypto

    Kraken Lays Off 150 Jobs as AI Advances, IPO Now Expected in 2027

    Crypto exchange Kraken cuts staff due to AI efficiencies, potentially delaying its IPO until next year amid broader industry layoffs.

    2w ago 1 min read
  5. Franklin Templeton and Kraken’s Parent Team Up to Tokenize Wall Street Products
    crypto

    Franklin Templeton and Kraken’s Parent Team Up to Tokenize Wall Street Products

    Strategic collaboration aims to move tokenized equities and yield products onto blockchain networks, including the integration of BENJI money market funds.

    3w ago 1 min read
  6. Kraken Parent Payward Files for OCC Charter in Push to Become a Bank
    finance

    Kraken Parent Payward Files for OCC Charter in Push to Become a Bank

    Payward, Kraken's parent company, has applied for a US national trust charter. If approved, it will offer fiduciary custody for digital assets.

    3w ago 1 min read
  7. Kraken Parent Payward Files for OCC National Trust Bank Charter
    finance

    Kraken Parent Payward Files for OCC National Trust Bank Charter

    Payward, operator of crypto exchange Kraken, seeks a national trust charter from the OCC to provide federally regulated digital asset custody to institutional clients.

    3w ago 1 min read
  8. Kraken Acquires Stablecoin Payments Firm Reap in $600M Deal
    crypto

    Kraken Acquires Stablecoin Payments Firm Reap in $600M Deal

    Kraken owner Payward buys Hong Kong's Reap to expand stablecoin and payments infrastructure in Asia, as the exchange nears its IPO.

    3w ago 1 min read