Kraken parent Payward sees revenue surge as tokenization expands
In recent developments, payward said futures trading activity rose 51% year-over-year as Kraken’s parent expanded through acquisitions including Bitnomial, Backed and Reap. Looking closer, market participants highlight key drivers such…
Kraken Parent Payward Targets OCC Charter to Unlock Institutional Digital Ass…
In recent developments, payward, the parent company of Kraken, has filed an application with the Office of the Comptroller of the Currency for a national trust company charter aimed at…
Kraken parent Payward to buy Reap in $600M stablecoin payments push
In recent developments, kraken parent Payward agreed to buy Hong Kong-based Reap for up to $600 million, adding card issuance and stablecoin payment capabilities to its new B2B platform. Looking…
Kraken’s parent company to acquire CFTC-regulated exchange Bitnomial
In recent developments, payward, the parent company of the Kraken crypto exchange, cited Bitnomial’s regulatory licenses as the primary driver for the acquisition. Looking closer, market participants highlight key drivers…
