BNY Mellon in Talks with Kraken Parent Payward for Infrastructure Partnership

VERA Brief

AI-generated. Grounded in the article and its cited sources.

BNY Mellon is reportedly in discussions with Payward, the parent company of cryptocurrency exchange Kraken, for a potential infrastructure partnership. The agreement could cover various financial market services related to digital assets, custody, trading, and payments.

Key facts

• BNY Mellon is reportedly in discussions with Payward, the parent company of Kraken.
• The potential agreement could include digital assets, custody, trading, and payments.
• The discussions are focused on financial market infrastructure.
• The talks signify growing engagement between traditional financial institutions and the digital asset sector.