Payward, now the parent company of Kraken, is expanding its financial services through a partnership with SoFi.
4 reports, 3 independent
Updated Sep 13
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 4
- Developments
- 3
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Payward, now the parent company of Kraken, is expanding its financial services through a partnership with SoFi.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Payward is integrating with SoFi's network and listing SoFiUSD on Kraken's multi-asset trading platform.Sub-event
Payward and Kraken are integrating with SoFi to expand financial services and banking capabilities.1 source
The partnership enables SoFi's digital assets to be listed on Kraken, facilitating 24/7 dollar settlement.1 source
Keep exploring
The entities involved
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Payward
US cryptocurrency exchange operator
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Kraken
cryptocurrency exchange
Nothing else this week.
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SoFi
American financial services company
- SoFi lost a major client, Chime, due to its own charter pursuit, and Fed rate hikes are increasing deposit costs and affecting loan demand.
- Nvidia CEO Jensen Huang spoke at a conference in Seoul. Meanwhile, Anthony Noto bought SoFi stock, Elon Musk purchased Tesla stock, and Jamie Dimon bought shares of JPMorgan Chase.
Related events
- SoFi and Robinhood are major players in the fintech sector, with the CEO discussing settlement business on SoFi Exchange and potential crypto settlement ties with Kraken.
- Kraken and Payward facilitate tokenized assets, including SpaceX IPO shares and UK equities, through new partnerships.
- Payward launched markets on Hyperliquid's blockchain, and Kraken was identified as Payward's parent company.
- Payward is expanding into South Korean markets and bringing Hong Kong-listed stocks onchain, competing in the tokenized equities market.