The Defiant·
Payward says the OCC national trust charter would complement Kraken's banking arm, Kraken Financial.
Read full articleKraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Kraken’s parent company Payward filed a second amended complaint on…
The US banking regulator has already approved similar charter applications for Coinbase, Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos.
Crypto exchange Kraken is seeking a U.S. federal banking charter to complement its Wyoming SPDI subsidiary.
The largest DeFi protocol on Kraken's Ink Layer 2 network is onboarding Chainlink and RedStone feeds before resuming its lending markets.
The deal is payable in cash and stock and values Payward at $20 billion.
The deal marks Kraken's largest acquisition as it pushes into Asian cross-border payments through stablecoin infrastructure.
Retail users can now post crypto as collateral and trade with up to 10x leverage on Kraken Pro.
