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Cryptocurrency News: Wells Fargo targets Kraken parent company for liquidity trading

2026-10-08 21:35:23
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Wells Fargo is discussing potential crypto asset liquidity arrangements with Kraken parent company Payward. If an agreement is reached between the two parties, Payward will provide liquidity support for Wells Fargo's digital asset transactions. Negotiations are still in their preliminary stages, and Payward has previously signed institutional infrastructure agreements with Nasdaq and Singapore Gulf Bank.

The cryptocurrency news on October 7 focused on Wells Fargo, which is reportedly discussing a potential digital asset liquidity partnership with Payward. The Wyoming-based company is Kraken's parent company and operates institutional trading infrastructure through businesses such as Kraken Prime and Payward Services.

Under this potential arrangement, Payward will provide liquidity support for Wells Fargo's cryptocurrency trading activities. Negotiations are still ongoing and neither company has announced a final agreement.

Cryptocurrency News: Wells Fargo and Payward discuss crypto asset liquidity

This discussion places Wells Fargo and Payward within the framework of specific digital asset trading functions. Under potential arrangements, Payward would provide liquidity for digital asset transactions used by Wells Fargo. <> Cryptocurrency news from Wells Fargo and Kraken's parent company. Source: X

However, in this latest piece of cryptocurrency news, negotiations are still in their preliminary stages and may ultimately fail to reach an agreement. People familiar with the matter did not say the company had finalized terms.

讨论还涉及Payward在支持数字资产的更广泛机构基础设施中的角色。加密货币交易所可以为银行和机构投资者提供进入交易场所的渠道。

与此同时,Coinbase Prime提供了此类结构的一个例子。该新闻还指出,该平台整合了多个市场的流动性。Kraken也向银行提供技术,使它们能够在不自行构建基础设施的情况下整合加密货币交易。

这种现有模式为拟议中的富国银行安排提供了背景。然而,在此案例中,讨论 specifically 关注Payward向银行供应加密流动性。

Kraken母公司Payward扩展机构基础设施

Payward还开发了其他涉及数字资产结算和流动性的机构安排。在此前的加密货币新闻中,该公司整合了由巴林的新加坡海湾银行运营的实时清算网络SGB Net。

该整合最初支持选定客户群体的美元结算,并计划在该安排下增加其他货币。同时,新加坡海湾银行开始将Kraken Prime作为其数字资产产品的流动性来源进行接入。Kraken Prime作为Payward的主经纪业务部门运作。SGB Net于2025年推出,目前每月处理的法定货币交易量超过200亿美元。

另外,Payward曾与托管银行BNY就更广泛的潜在合作进行过讨论。两位知情人士称,讨论可能涵盖多个领域。

These areas include crypto products, custody, wealth management, transactions, payments, and financial market infrastructure. Potential services will be provided through Payward Services, the company's B2B platform.

The discussions with BNY mentioned in this cryptocurrency news also involved infrastructure equivalent to an element of the Payward-Nasdaq agreement.

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