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✉news BusinessCrypto first seen 9 h ago, last 22 min ago, peak #31

Kraken's parent Payward builds empire beyond crypto trading

Original: Kraken’s parent Payward is building a financial empire that goes far beyond crypto trading

Kraken's parent company Payward is expanding well beyond its core cryptocurrency exchange business, building out a broader financial services operation, according to CoinDesk. The report points to the firm's efforts to diversify into areas that position it more like a traditional financial company than a pure crypto trading platform, as major exchanges seek new revenue streams and mainstream legitimacy.

Why now: Crypto exchanges are diversifying into broader financial services as they chase growth and regulatory acceptance

KrakenPaywardCoinDesk

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