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Oct 2, 2026

BNY in talks with Kraken parent Payward over digital asset infrastructure partnership

Bank of New York Mellon is discussing a broad partnership with Payward, Kraken's parent company, spanning digital assets and traditional financial-market infrastructure, according to CoinDesk sources.

Oct 2, 2026·2 sources
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Top claims

  • ▪BNY provides custody, asset servicing, clearing, and wealth-management services to institutional clients
  • ▪BNY has been developing tokenized deposits designed to support near-real-time onchain settlement between institutional market participants
  • ▪Integrating cryptocurrency and traditional banking under a single institution threatens systemic financial stability

Subtopics

Crypto & banking regulation1Crypto custody regulation1Institutional crypto adoption1

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