A PANews article states that Kraken the parent company of Payward has successively acquired a derivatives platform, payment companies, and European banks, and is expanding its financial-business footprint under the leadership of co-CEO CEO Arjun Sethi.
Wells Fargo is in talks with Payward about a partnership under which Payward would provide liquidity and trade execution support for its digital asset trading business. The parties have not reached a final agreement and both declined to comment.
BlockBeats, citing CoinDesk, reported that Wells Fargo is discussing a crypto liquidity partnership with Kraken's parent company Payward, with no agreement confirmed yet.
Payward, the parent company of Kraken, has partnered with Singapore Gulf Bank to provide Asian institutional clients with round-the-clock USD settlement services.
According to PANews, citing Fortune,Ledger has entered into a partnership with Kraken parent company Payward, planning to integrate xStocks functionality into Ledger devices and support counterparties signing on Ledger devices.