CRYPTO
Kraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchange
CoinDeskSaturday, September 26, 2026 at 2:00 PM
RedScroll Brief

Kraken parent Payward is unifying trading, payments, asset management and institutional services on common rails, co-CEO Arjun Sethi said.
RedScroll Signal
- Impact
- High
- Category
- Crypto
- Market relevance
- High
- Why it matters
- Crypto moves are a live stress test of liquidity, regulation, and narrative risk. Kraken parent Payward is unifying trading, payments, asset management and institutional services on common rails, co-CEO Arjun Sethi said. Watch liquidity and volatility around Kraken and Payward — crypto markets reprice narrative risk quickly.
Desk copy
RedScroll Briefing
Extractive editorial brief — not a reprint of the original
What happened
Kraken parent Payward is unifying trading, payments, asset management and institutional services on common rails, co-CEO Arjun Sethi said.
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk.
Background
CoinDesk reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.
Timeline
CoinDesk published: Kraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchange
Story is in today’s RedScroll edition. Follow the original source for updates.
Economic impact
Watch liquidity and volatility around Kraken and Payward — crypto markets reprice narrative risk quickly.
More on
Related stories
- U.S. SEC's steadiest crypto advocate, Hester Peirce, to depart next week
CoinDeskCRYPTO
- Blockchain Association sees leadership shift shortly after crypto Clarity Act fizzles
CoinDeskCRYPTO
- Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist
CoinDeskCRYPTO
- Google Just Made Free 1080p AI Video Generation Available to Anyone
DecryptCRYPTO
- Here’s what happened in crypto today
CointelegraphCRYPTO
- CFTC sues Cash FX, alleges $950M crypto-linked forex scheme
CointelegraphCRYPTO
Source
CoinDesk
Original reporting by CoinDesk. RedScroll provides an extractive briefing only.