“BNY Mellon in Talks With Kraken Parent Payward on Digital Asset Infrastructure Deal” — what this page in the network covers. is in discussions with Payward Inc., the parent company of cryptocurrency exchange Kraken, about a potential partnership covering digital assets, custody, trading, payments and other financial-market infrastructure. The talks highlight how traditional financial institutions are increasingly seeking to integrate crypto services as regulatory clarity improves and institutional demand grows. A deal could allow BNY, the oldest bank in the U.S., to expand its digital asset offerings beyond its existing custody services, while giving Kraken access to BNY's vast network and trust infrastructure.
Neither company has commented publicly on the talks, which may still fall through. If completed, the partnership would mark one of the most significant collaborations between a major custody bank and a crypto exchange, potentially setting a precedent for how legacy finance and digital asset platforms can work together. For the complete material, the listing points back to the source inside the network.