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Wells Fargo in Talks with Kraken Parent Payward for Crypto Trading Liquidity
The discussions would see Payward supply liquidity for crypto trading as major banks deepen their involvement in digital assets.
8 Articles
8 Articles
Wells Fargo (WFC) Stock: Drops as Kraken Parent Eyes Crypto Liquidity Deal
TLDR Wells Fargo stock falls 1.53% as Payward crypto liquidity talks gain focus. Payward could provide Wells Fargo with liquidity for digital asset trading services. Wells Fargo already offers spot Bitcoin ETFs to eligible wealth management clients. Payward is expanding bank partnerships through Kraken Prime trading infrastructure. A potential deal would deepen Wells Fargo’s push [...]
Wells Fargo talks with Payward, Kraken's parent, so that the firm can provide liquidity for digital asset trading. Conversations remain open and do not guarantee an agreement, although they join a bank strategy that already includes investments, Bitcoin-related investment products and blockchain-based projects.
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Bias Distribution
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