Payward

Kraken's parent company Payward seeks a final judgment against former auditor Mazars USA after a $22 million arbitration award. The dispute began when Mazars withdrew from Kraken's 2022 audit, leading to significant financial costs. Kraken is pursuing a European banking license amid broader regulatory challenges, including those under Operation Chokepoint 2.0.

Franklin Templeton has filed with the SEC to launch two ETFs that reinvest corporate dividends into bitcoin, allocating 95% to U.S. large-cap equities and 5% to bitcoin. The funds, named Franklin US Equity Bitcoin DRIP Index ETF and Franklin US Innovation Bitcoin DRIP Index ETF, aim to automate bitcoin accumulation through dividend-linked instruments.

Kraken has launched CFTC-regulated Bitcoin and crypto perpetual futures for U.S. traders via Bitnomial, a CFTC-licensed exchange acquired by Kraken's parent company Payward. The contracts, which use an 8-hour funding rate mechanism, allow traders to manage perpetual futures alongside other products in a single account. The launch follows CFTC guidance enabling regulated platforms to offer such products.

Kraken's parent company Payward, in collaboration with xStocks Alliance, will enable eligible retail investors to seek allocations in U.S. IPOs at offering price through tokenized shares in the coming weeks.

Kraken's parent company Payward plans to offer tokenized IPO access. Investors are anticipating significant market debuts.

Kraken's parent company Payward has received preliminary regulatory approval from Dubai's Virtual Assets Regulatory Authority (VARA), enabling the cryptocurrency exchange to launch in the UAE. The approval allows for UAE dirham funding, margin trading, OTC trading, and institutional services through Kraken Prime.

Kraken's parent company Payward has obtained preliminary approval from the Virtual Assets Regulatory Authority (VARA) in Dubai, enabling expansion of regulated cryptocurrency services in the United Arab Emirates. This regulatory milestone represents progress for Kraken's international operations and the broader adoption of crypto services in the region.

Kraken co-CEO reports a 3% increase in exchange revenue to $507 million, indicating a more resilient mix amid spending spree. Payward filed confidentially for an IPO in November but may delay plans due to valuation and market uncertainties. Kraken's revenue growth suggests stability despite market fluctuations.

Kraken's parent company Payward reports a revenue increase in Q1 despite the crypto market experiencing a slump. This growth indicates a positive outlook for the company. The exact revenue figures are not provided in the article.

Payward, Kraken's parent company, saw a revenue surge due to tokenization expansion and increased futures trading activity. Futures trading rose 51% year-over-year. The expansion was fueled by acquisitions including Bitnomial, Backed, and Reap.

Payward, the parent company of Kraken, is cutting 150 staff to streamline its business ahead of a planned initial public offering (IPO). This move aims to optimize operations and improve efficiency. The IPO is expected to raise capital for further growth and expansion.

Kraken parent Payward is seeking fresh funding at a $20 billion valuation ahead of its planned initial public offering (IPO). The company's valuation has been increasing as it prepares to go public. This move indicates a significant step forward for the company.

Payward, the parent company of Kraken, has applied for a national OCC trust charter to establish the Payward National Trust Company. This move follows similar applications by Ripple and Coinbase. The application is a significant step in the financial technology industry.

Kraken parent Payward has agreed to buy Reap for up to $600 million, expanding its capabilities in card issuance and stablecoin payments on its B2B platform. This acquisition adds new features to Payward's services. The deal is valued at $600 million.

Kraken parent Payward is acquiring Reap Technologies, a Hong Kong stablecoin firm, for $600 million. This acquisition marks another significant deal in the industry. The purchase price of $600 million highlights the growing value of stablecoin payments firms.

Kraken has launched regulated crypto spot margin trading in the US, marking the first product built on Payward's newly acquired Bitnomial licenses. The rollout is expected to be followed by perpetuals and options later. This launch comes after Kraken's acquisition of Bitnomial.

Payward, Kraken's parent company, has filed a lawsuit against Etana and its CEO alleging $25 million crypto custody fraud. The lawsuit claims that Etana and its CEO were involved in fraudulent activities related to cryptocurrency custody. Payward is seeking damages and compensation for the alleged fraud.

Payward, the parent company of Kraken, has closed a $550 million deal with Bitnomial, securing a full CFTC derivatives stack. This deal is significant for Payward as it expands its offerings in the derivatives market. The acquisition solidifies Payward's position in the financial sector.

Payward, the parent company of Kraken, has completed its acquisition of Bitnomial, allowing it to offer US crypto derivatives. The deal gives Payward a full suite of US derivatives licenses issued by the Commodity Futures Trading Commission. This move unlocks new opportunities for Payward in the US crypto market.

Kraken's parent company Payward has acquired Bitnomial to expand its presence in the US crypto derivatives market. The deal provides a fully licensed derivatives stack under CFTC oversight, covering trading, clearing, and brokerage operations.

Payward, the parent company of Kraken, is acquiring Bitnomial, a CFTC-regulated cryptocurrency exchange. The acquisition is driven by Bitnomial's regulatory licenses, which Payward aims to leverage for enhanced compliance and market credibility.

Payward, owner of Kraken, agreed to acquire Bitnomial for $550 million, gaining a fully CFTC-licensed U.S. crypto derivatives stack. The deal values Payward at $20 billion and aims to close in 2026, enhancing Payward's regulated infrastructure for digital assets.

Kraken's parent company Payward has agreed to acquire derivatives exchange Bitnomial for $550 million, providing Kraken with access to CFTC-licensed crypto derivatives infrastructure in the U.S.

Kraken's parent company Payward has agreed to acquire Bitnomial for up to $550 million, gaining a fully CFTC-licensed U.S. crypto derivatives platform. The deal strengthens Payward's position in the regulated cryptocurrency market.

Kraken's parent company Payward is set to acquire derivatives exchange Bitnomial for $550 million in cash and stock. The deal marks a strategic expansion into the derivatives trading sector for Payward, which operates the cryptocurrency exchange Kraken.