Payward, Kraken's Parent Company, Makes Multi-Billion Bet on Financial Infrastructure Transformation
1 day ago / Read about 0 minute
Author:小编   

Payward, the parent company of Kraken, has announced a multi-billion dollar strategic expansion to transition from a single cryptocurrency exchange to a comprehensive financial infrastructure provider, while strengthening its underlying infrastructure. Currently, Payward is accelerating ecosystem expansion through self-developed technologies and mergers and acquisitions, having completed the acquisition of payment technology firm Reap to enhance global compliance card issuance and stablecoin settlement capabilities. Meanwhile, the company is advancing the construction of a tokenized stock trading network and applying for a federal trust license, aiming to break down barriers between traditional financial assets and blockchain technology and establish a unified cross-market clearing channel.