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Wells Fargo Is Making a Move on Crypto, and Kraken Could Be the Key

Wells Fargo Is Making a Move on Crypto, and Kraken Could Be the Key

Wells Fargo is reportedly discussing crypto trading liquidity with Kraken parent Payward, though talks may not result in a deal. | Credit: CCN.com
Wells Fargo is reportedly discussing crypto trading liquidity with Kraken parent Payward, though talks may not result in a deal. | Credit: CCN.com

Key Takeaways

  • Wells Fargo is reportedly discussing crypto trading liquidity with Kraken’s parent company, Payward.

  • Wells Fargo already offers spot Bitcoin ETFs to eligible wealth clients and advised Nasdaq on its investment agreement with Payward

  • Payward’s partnerships with SoFi and Singapore Gulf Bank illustrate its expanding role in banking and crypto infrastructure.

Wells Fargo is reportedly exploring a partnership with Payward, the parent company of cryptocurrency exchange Kraken, that could deepen the bank’s access to digital asset…

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