SoFi partners with Kraken, Kraken integrates with SoFi settlement network and lists SoFiUSD

Odaily News - SoFi has reached an agreement with crypto trading platform Kraken to integrate each other's financial infrastructure. Payward, Kraken's parent company, will join the SoFi Exchange Network (SEN), enabling Kraken's institutional clients to transfer dollars and manage liquidity around the clock without waiting for traditional banking hours. Kraken will also list SoFiUSD, a stablecoin issued by SoFi Bank. In exchange, SoFi will utilize Kraken Prime as an additional liquidity source for its clients' crypto trading activities.