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Payward explores becoming a full-service bank outside the U.S., expanding into asset management and financial services

2026-08-20 23:59

Odaily News: At the Wyoming Blockchain Symposium, Payward Co-CEO Dave Ripley stated that trading, banking, and asset management are the company's three key strategic focuses. Banking services include payments, lending, yield, and custody, all of which Payward has already developed. Payward's subsidiary, Kraken Financial, has obtained a Special Purpose Depository Institution (SPDI) charter in Wyoming and, earlier this year, received a streamlined master account from the U.S. Federal Reserve, granting access to select central bank payment systems.