
Kraken links to SoFi’s 24/7 dollar settlement network
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Payward, the parent company of Kraken, has partnered with SoFi Technologies, Inc. to connect banking and digital-asset infrastructure.
Payward has accused Etana Custody and its CEO Dion Russell of orchestrating a “Ponzi-like” scheme that allegedly misappropriated more than $25 million in customer funds.
Payward has agreed to acquire derivatives platform Bitnomial for up to $550 million in cash and stock to expand its US market footprint.