Institutions embrace crypto staking despite shrinking yields
Easier access and growing familiarity are encouraging investors to stake their tokens, while falling rewards and withdrawal delays test the economics.
Payward
Wells Fargo in talks with Kraken parent Payward for crypto trading liquidity
The discussions would see Payward supply liquidity for crypto trading as major banks deepen their involvement in digital assets.
BNY in talks with Kraken parent Payward over infrastructure partnership
The potential agreement could span digital assets, custody, trading, payments and other financial-market infrastructure.
Kraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchange
Kraken parent Payward is unifying trading, payments, asset management and institutional services on common rails, co-CEO Arjun Sethi said.
Kraken’s surprise Fed win may harken onslaught of crypto firms with narrow Fed access
The Kansas City Fed may term this “Tier 3” access, but Kraken’s entry into the vaunted Fed payments system has riled bankers and raised crypto hopes.