Kraken's parent Payward is buying Lithuania's Saldo Bank, a first in the EU. Meanwhile Sberbank, JPMorgan and Schwab are all moving into crypto. Which bank is moving onchain next? @krakenfx @Payward

Kraken co-CEO Arjun Sethi says tokenized equities and AI-linked assets won’t replace Bitcoin ($BTC) or Ethereum ($ETH). He says capital is rotating into new crypto products, but those flows remain inside the broader crypto liquidity ecosystem.

Kraken parent company Payward and Singapore Gulf Bank (SGB), a fully licensed digital bank regulated by the Central Bank of Bahrain, have announced a strategic partnership. Payward has integrated SGB’s real-time, multi-currency clearing network, SGB Net, to provide institutional clients in specific jurisdictions across Asia and the Gulf region with 24/7 instant settlement. The service will initially support U.S. dollar transactions for select clients, with plans to expand to more clients and additional currencies. SGB will also connect to Payward’s Kraken Prime to access digital-asset liquidity and price trades for its own clients.

Kraken’s Parent Company Is Bringing U.S. Perps to Hyperliquid .@krakenfx parent company Payward is bringing on-chain perpetual futures to U.S. customers through @HyperliquidX. The important part isn’t just Kraken entering on-chain perps. It’s that Hyperliquid is becoming the infrastructure where a registered U.S. exchange and clearinghouse can deploy a market. The setup: • Payward provides access to U.S. customers • @Bitnomial deploys and clears the HIP-3 market • NinjaTrader Clearing hosts customer accounts • Hyperliquid provides the on-chain perpetuals infrastructure Payward says this will be the first registered U.S. exchange and clearinghouse to deploy a market on Hyperliquid. That makes HIP-3 particularly interesting. Hyperliquid is no longer only competing with CEXs for crypto-native traders. Its infrastructure is starting to connect with regulated U.S. market participants. If this model scales, Hyperliquid could become more than a place to trade perps. It could become the on-chain market infrastructure layer for regulated derivatives.

.@krakenfx is putting ONE trader's name on a Formula 1 car The actual front wing of @WilliamsRacing FW48 at the Mexico City GP Winner also gets $10,000 in SOL How you get in: • Opt in through Rewards Hub in the Kraken app • Trade $1 or more in SOL or Solana ecosystem tokens • Every $1 traded is one entry, no cap Or take the free entry option if you don't want to trade at all Race weekend is Oct 30 If you have Kraken account it's no brainer to try!

Kraken's parent posted $508M in Q2 adjusted revenue Payward's growth is broadening well beyond crypto trading, as @krakenfx pushes into equities, derivatives and payments. The result lands in a week where @Gemini posted a $108M quarterly loss and Swissquote cut guidance on falling crypto income.

Kraken just made cross-chain transfers easier @KrakenFX has removed the age-old friction of copying wallet addresses by integrating @Meshpay for exchange-to-exchange deposits. This design lets customers make direct deposits into their @KrakenFX wallets from @Coinbase upon its launch, through a safe, secure handshake that removes the hassle and delays of typical on-chain transactions. This product is designed with a "Web2-style" customer experience in mind, removing the technical hurdles that keep most people from using crypto.

Kraken has just launched its official debit card. Leading CEX @krakenfx has just launched its own crypto debit card, for now available in the UK and Europe and powered by @Mastercard. The card supports more than 600 different crypto assets and offers 0% fees, as well as 2% cashback on $BTC and fiat-based purchases.