Aug 9, 2026
Payward, parent company of cryptocurrency exchange Kraken, is enabling holders of its xStocks tokenized equities to participate in corporate governance through proxy voting, partnering with Broadridge to facilitate the integration. The move marks a significant shift from the platform's previous policy where xStocks holders had no voting rights.
Payward, the parent company of cryptocurrency exchange Kraken, has acquired the embedded wallet business from Magic Labs, which is simultaneously undergoing a restructuring and rebranding to Newton Labs.
Payward, the parent company of cryptocurrency exchange Kraken, has acquired the embedded wallet business from Magic Labs, which is simultaneously undergoing a restructuring and rebranding to Newton Labs.
Payward, the parent company of crypto exchange Kraken, announced a partnership with fintech infrastructure provider GTN to expand its xStocks tokenized stock platform beyond US equities to international markets including Hong Kong, South Korea, the UK, and Europe, subject to regulatory approvals.
Cryptocurrency exchange Kraken has added a Nasdaq 100 market to its Kraken Prop funded-account trading program, marking the program's first expansion beyond cryptocurrency. Kraken said the market is available 24/7, with no contract expiry, rollovers, or forced weekend closures.
Nasdaq-listed Nakamoto Inc. sold approximately 600 Bitcoin and related derivatives for $48 million in net proceeds to retire $45 million in debt, while also refinancing remaining Kraken loans at lower interest rates and authorizing a $25 million share buyback program. The company retains 4,467 BTC on its balance sheet.
Payward, parent company of crypto exchange Kraken, plans to offer global retail investors access to U.S.-listed IPOs at offering prices through its xStocks tokenized equities framework, breaking down traditional barriers that typically limit retail participation in initial public offerings.
Coinbase, Kraken, and Gemini are pushing lawmakers to eliminate provisions in the CLARITY Act that would bar listing of digital assets at risk of manipulation, seeking to ease restrictions on risky asset trading.
Payward Inc., Kraken's parent company, agreed to acquire Hong Kong-based payments firm Reap Technologies for $600 million in cash and stock, deepening its push into Asian stablecoin infrastructure and institutional services.
Kraken has partnered with MoneyGram to enable users to convert cryptocurrency into cash at nearly 500,000 MoneyGram locations across more than 100 countries worldwide, significantly expanding crypto off-ramp infrastructure.
Frankfurt exchange operator Deutsche Börse acquired a $200 million stake in Kraken parent company Payward, valuing the crypto exchange at $13.3 billion. The investment deepens ties between traditional finance and crypto markets, subject to regulatory approval.
Crypto exchange Kraken disclosed two insider-related support access incidents and is being extorted by criminals who obtained videos of support staff accessing internal systems and limited client data. Kraken says no funds are at risk and will not negotiate.
A joint U.S., UK, and Canadian operation called Operation Atlantic froze over $12 million tied to cryptocurrency approval phishing scams, disrupted more than 120 fraud domains, and identified over 20,000 victims. Crypto firms including Coinbase and Kraken participated in the effort.
Galaxy shareholders holding tokenized GLXY shares will be able to participate in proxy voting on-chain in May through a partnership with Broadridge. This represents the first implementation of on-chain corporate governance for tokenized securities.