PANews
PANews|Oct 03, 2026 00:06
[BNY in Talks with Kraken's Parent Company Payward on Digital Asset Collaboration, Covering Custody, Trading, and Payment Fields] According to a report by CoinDesk, two sources familiar with the matter revealed that custody banking giant BNY is in discussions with cryptocurrency exchange Kraken's parent company Payward regarding a broad collaboration, encompassing digital assets and financial market infrastructure. The potential agreement may cover areas such as cryptocurrency products, custody, wealth management, trading, payments, and infrastructure. These services would be provided through Payward Services, the company's B2B platform aimed at banks, exchanges, and asset management institutions. Some aspects of the proposed collaboration may resemble the infrastructure component of Payward's recent agreement with Nasdaq. The negotiations are still ongoing, and there is no guarantee that a final agreement will be reached.
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