Nasdaq Ventures agreed last month to invest $100 million in Payward at a $21 billion valuation while expanding the companies’ collaboration on tokenized equities. Under that agreement, Nasdaq and Payward will continue to develop the operational and commercial infrastructure for Nasdaq Equity Tokens. Payward will… Read More
Kraken is joining SoFi’s settlement network and list SoFiUSD as the companies link traditional banking with crypto markets.
The activity, appearing to spread sanctioned funds to trigger account restrictions, occurred between Aug. 17 and Aug. 24.
Co-CEO Arjun Sethi said the firm kept investing through market weakness, leaning on acquisitions and futures growth to offset softer spot trading.
Payward, the parent company of crypto exchange Kraken, has completed its acquisition of Bitnomial, giving the firm a full U.S. derivatives stack regulated by the Commodity Futures Trading Commission (CFTC). The deal gives Payward control of Bitnomial’s futures broker, exchange and clearinghouse licenses. That structure… Read More
Crypto exchange Kraken says it filed 56 million crypto-transaction forms with the U.S. Internal Revenue Service (IRS) for the 2025 tax year. Roughly 18.5 million of them covered transactions worth less than $1, and over half were for $10 or less. Only 8.5% of the… Read More
