Kraken parent Payward has entered talks with BNY over a potential partnership covering six areas, including crypto custody, trading and payments, according to two people familiar with the discussions.
Summary
- BNY and Payward are discussing crypto products, custody, wealth management, trading, payments and infrastructure.
- The talks remain ongoing, with no guarantee that the companies will reach an agreement.
- Nasdaq Ventures agreed in September to invest $100 million in Payward at a reported $21 billion valuation.
- Payward has completed acquisitions adding regulated U.S. derivatives and stablecoin payment services to its operations.
Two people familiar with the…
