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Kraken’s Parent Company Payward Wants to Become a Full Bank Outside the U.S.

By Trader Edge at 2026-09-29 21:30

Sentiment: Positive

TLDR Payward, Kraken’s parent company, is exploring full banking licenses in jurisdictions outside the U.S. Co-CEO Dave Ripley named trading, banking, and asset management as the firm’s three key focus areas. Kraken already operates Kraken Financial, a Wyoming-chartered Special Purpose Depository Institution. Kraken Financial received a Federal Reserve master account earlier this year, the first [...] The post Kraken’s Parent Company Payward Wants to Become a Full Bank Outside the U.S. appeared first on CoinCentral. Continue reading...

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