Kraken Parent Payward Partners with SoFi for 24/7 USD Settlement

Payward, the parent company of Kraken, has partnered with SoFi to integrate traditional finance with crypto infrastructure. The collaboration will bring SoFi's upcoming stablecoin, SoFiUSD, to the Kraken platform and grant Payward access to the SoFi Exchange Network (SEN) for 24/7 USD settlement. Additionally, SoFi will utilize Kraken Prime for digital asset liquidity, while Kraken's institutional clients gain access to instant round-the-clock settlement services.