Kraken enters enterprise crypto infrastructure market with Payward Services
Payward Services enables companies to integrate trading, payments, funding and digital asset services through a single unified system.
Payward Services enables companies to integrate trading, payments, funding and digital asset services through a single unified system.
The new capital will be deployed to rapidly scale the STS Digital’s institutional-grade spot and options platform.
The milestone includes more than $3.5 billion in onchain activity from over 80,000 unique onchain holders.
Magna will continue operating as a standalone platform, powered by Kraken.
Revenue at Kraken was well balanced, with 47% from trading-based revenue and 53% from asset-based and other revenue.
Kraken and Deutsche Börse Group today announced a partnership to create unified access across traditional and digital asset markets.
Until now, xStocks were tradable on Kraken Pro 24 hours a day, five days a week.
The acquisition by Kraken gives Backed access to the capital and resources needed to scale faster and capitalize on surging adoption.
Participants who contribute significantly to market liquidity and trading activity can earn Kraken-equity-linked incentives.
Stavros Vassiliades joins Kraken after serving as Executive Director for Executive Director for Pepperstone EU Limited.