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Payward, the parent company of crypto exchange Kraken, said it agreed to acquire Lithuania-based Saldo Bank for an undisclosed amount, giving it a European Union (EU) banking license as it expands beyond crypto trading into […]
TLDR Payward agreed to acquire Lithuania-based Saldo Bank through its Finnish parent company, Saldo Finance Oy. The acquisition would give Kraken’s parent company access to an EU specialized banking license. Payward plans to expand into […]
Kraken is preparing to launch in the UAE in the coming weeks after Payward secured Full Market Approval from Dubai’s VARA. Initial services include AED spot and margin trading, direct dirham deposits and withdrawals, staking, […]
TLDR Payward secures full Dubai regulatory approval, clearing the way for Kraken’s UAE market launch. Kraken plans to introduce AED trading pairs, direct dirham deposits, and withdrawals for UAE customers. UAE clients will gain access […]
Payward, the parent company of crypto exchange Kraken, is in talks to become a crypto liquidity provider to U.S. financial giant Wells Fargo (WFC), according to two people with direct knowledge of the matter. Under […]
Payward and Singapore Gulf Bank announced on October 5, 2026, that they have integrated SGB Net to offer instant, around-the-clock transaction settlement for select institutional clients in eligible Asian and Gulf jurisdictions. The initial service […]
Payward and SGB launched 24/7 settlement for institutional digital asset markets. The service initially supports USD transactions for select clients. Payward, the financial infrastructure company behind Kraken, has partnered with Singapore Gulf Bank (SGB) to […]
Nasdaq Ventures agreed last month to invest $100 million in Payward at a $21 billion valuation while expanding the companies’ collaboration on tokenized equities. Under that agreement, Nasdaq and Payward will continue to develop the […]
Payward has divided that vision into four pillars: trading through Kraken, banking, asset management and Payward Services, its business-to-business infrastructure division. Kraken has about 6.6 million funded accounts holding between $40 billion and $50 billion […]
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