Payward Builds Financial Infrastructure Beyond Kraken
Payward aims to create unified financial platform for businesses beyond Kraken exchange.
In brief
Payward aims to create unified financial platform for businesses beyond Kraken exchange. Payward plans to build financial infrastructure for businesses using one ledger system instead of intermediaries. Originally reported by Pymnts.
Payward's Financial Strategy
Payward, Kraken's parent company, plans to become a unified financial platform combining trading, banking, asset management and services for businesses.
One Ledger System
Payward's 'one ledger' system allows assets to move between products without intermediaries that dominate traditional finance.
Corporate Payments Focus
Stablecoins need to become useful, compliant and embedded for businesses to stop viewing them as crypto, according to PYMNTS Intelligence.
Corporate Adoption Data
Only 13% of middle market companies use stablecoins, with 5% employing other cryptocurrencies, per PYMNTS Intelligence's 2026 Certainty Project.
Competitor Models
Coinbase develops 'Everything Exchange' covering crypto, stocks, derivatives and prediction markets while Binance merges trading, payments and investing into one platform.
Payward's Different Approach
Payward constructs infrastructure for multiple brands and third-party financial companies, unlike Coinbase's single platform model.
At a glance
Payward plans to build financial infrastructure for businesses using one ledger system instead of intermediaries.
