BNY in Talks With Kraken Parent Payward
According to information published by coindesk.com, BNY is in talks with Kraken parent Payward on a possible infrastructure partnership. The potential agreement could cover digital assets, custody, trading, payments and other financial-market infrastructure.
According to information published by coindesk.com, BNY is in talks with Kraken parent Payward about a potential infrastructure partnership.
The possible agreement could span digital assets, custody, trading, payments and other financial-market infrastructure, according to the report.
Key Takeaways
- BNY is in talks with Kraken parent Payward over a possible infrastructure partnership.
- The potential agreement could cover digital assets, custody, trading and payments.
- The reported scope also includes other financial-market infrastructure.
Context
BNY is a major financial institution, while Payward is the parent company of Kraken, a cryptocurrency exchange. Partnerships in this area can involve services that connect traditional finance with digital-asset operations, including custody and payments.
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