Kraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchange

Kraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchange

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Kraken spent most of its 15 years building a crypto exchange.

Over the past two years, its parent company has been buying and building the pieces of something much bigger.

Payward, its Wyoming-based parent company, spent billions on acquisitions that expanded its reach into futures and derivatives, pushed into tokenized stocks, and pursued additional banking capabilities in the U.S.

The moves are part of a bigger goal to turn Payward into a unified financial platform where trading, banking, asset management and services for other businesses can operate under the same infrastructure.

“We’re not a holding company,” he said.

“It’s one platform, one balance sheet, one regulatory stack,” its co-CEO Arjun Sethi told CoinDesk in an interview.

At the center of the strategy is what Sethi calls “one ledger,” which allows money and assets to move between products without the patchwork of intermediaries that sits behind most of traditional finance.

Payward is not alone in pursuing a broader financial platform.

Coinbase is building an “Everything Exchange” spanning crypto, stocks, derivatives and prediction markets, while Binance is combining trading, payments, investing and yield products into a single platform.

Analiz: Piyasa hareketliliği devam ediyor.