CryptoBullishcrypto.news · Jun 37/10
⛓️Kraken-affiliated Payward Services has launched a tokenized IPO program enabling retail investors to access U.S. public offerings through blockchain infrastructure. The initiative extends access to Kraken customers and xStocks Alliance members, representing a significant bridge between traditional equity markets and decentralized finance.
CryptoBullishBlockonomi · Jun 37/10
⛓️Payward, Kraken's parent company, has launched xStocks, a platform enabling US users to access initial public offerings (IPOs) through tokenized equity allocations at offering prices before shares begin public trading. This development bridges traditional finance and cryptocurrency, allowing retail investors to participate in IPO allocations previously restricted to institutional players.
CryptoBullishCoinDesk · Jun 37/10
⛓️Payward, the parent company of crypto exchange Kraken, is planning to offer retail investors tokenized access to IPO shares at offering prices, democratizing what has traditionally been an exclusive institutional privilege. This initiative leverages blockchain technology to lower barriers for individual investors seeking early-stage equity exposure.
CryptoBullishcrypto.news · May 117/10
⛓️Kraken's parent company Payward has filed a charter application with the U.S. Office of the Comptroller of the Currency seeking federal regulation as a national trust company. This move represents a significant step toward mainstream institutional legitimacy for the cryptocurrency exchange and positions it to offer expanded financial services under federal oversight.
CryptoBullishCoinDesk · May 117/10
⛓️Payward, the parent company of Kraken, is raising fresh capital at a $20 billion valuation while expanding into derivatives and stablecoins ahead of a planned IPO. This funding round signals the exchange's confidence in profitability and positions it for continued growth in institutional crypto markets.
CryptoBearishCoinDesk · May 47/10
⛓️Payward, Kraken's parent company, filed a lawsuit alleging $25 million in crypto custody fraud against Etana Custody and its CEO, claiming client funds were misused, commingled, and concealed through a Ponzi-like scheme that collapsed during a liquidity crisis. The case highlights persistent custody vulnerabilities in the crypto industry and raises questions about fund safeguarding practices among service providers.
CryptoBullishThe Block · May 47/10
⛓️Payward, the parent company of Kraken, has completed its acquisition of Bitnomial, a crypto derivatives trading platform. This deal grants Payward a comprehensive suite of U.S. Commodity Futures Trading Commission (CFTC) derivatives licenses, enabling it to offer regulated crypto derivatives products to U.S. customers.
CryptoBullishCoinDesk · Apr 177/10
⛓️Payward, Kraken's parent company, is acquiring derivatives exchange Bitnomial for $550 million in cash and stock, granting the firm control of a fully licensed U.S. crypto derivatives platform. This acquisition accelerates Payward's expansion into regulated markets and strengthens its position in the institutional crypto trading space.
CryptoBullishThe Block · Apr 147/10
⛓️Deutsche Borse Group, operator of the Frankfurt Stock Exchange, has invested $200 million in Payward, the parent company of cryptocurrency exchange Kraken. This strategic investment represents a significant convergence between traditional finance infrastructure and the crypto industry.
CryptoBullishDL News · Feb 186/105
⛓️Kraken's parent company Payward has acquired Magna, expanding Kraken's services beyond traditional trading infrastructure. The acquisition comes amid expectations that crypto deals in 2026 will exceed $37 billion, setting a new industry record.