Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO
The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares…
Tag: Kraken
Kraken migrates to Chainlink CCIP for kBTC
Kraken is deprecating its cross-chain provider and migrating to Chainlink CCIP as the exclusive infrastructure for its wrapped assets. Summary…
Kraken to replace LayerZero with Chainlink for kBTC, future wrapped assets
Kraken said it will replace LayerZero, a protocol for moving crypto assets across blockchains, with Chainlink’s equivalent after the $292…
Kraken parent Payward, Franklin Templeton plan onchain investment products
Payward, the parent company of crypto exchange Kraken, is working with asset manager Franklin Templeton to expand the use of…
Kraken Parent Teams With Franklin Templeton to Bring Managed Funds Onchain
Key Takeaways Payward and Franklin Templeton partnered on May 12, 2026, to build tokenized yield and equity products onchain. Kraken’s…
ICBA Warns Kraken OCC Charter Bid Threatens US Bank Deposits and Financial Stability
Key Takeaways ICBA President Rebeca Romero Rainey warned Kraken’s OCC national trust charter application creates “interconnected risks” to financial stability.…
Crypto platform Kraken is raising capital at $20 billion valuation ahead of its planned IPO
Payward, the parent company of crypto platform Kraken, is raising new capital at a $20 billion valuation, according to two…
Kraken Parent Payward Targets OCC Charter to Unlock Institutional Digital Asset Custody
Key Takeaways Payward, the parent company of Kraken, filed an OCC application to establish a national trust company for institutional…
Kraken sues Etana over $25m client fund theft
Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Summary Kraken parent Payward filed…
Kraken parent goes for the OCC charter in bid to become a federal crypto bank
Payward, the parent company of crypto exchange Kraken, has applied for a national trust company charter with the U.S. Office…