Published Aug 20, 2026, 3:50 PM ET · Updated 3 months ago · 2 sources
THE BLOCK: Kraken parent Payward is exploring becoming a "full bank" outside the U.S. as it expands into payments, lending, yield and custody, co-CEO Dave Ripley told The Block. The company is also building out asset management and turning its infrastructure into "a set of services" that banks, brokers and fintechs can integrate into their apps.
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Original Report
THE BLOCK: Kraken parent Payward is exploring becoming a "full bank" outside the U.S. as it expands into payments, lending, yield and custody, co-CEO Dave Ripley told The Block. The company is also building out asset management and turning its infrastructure into "a set of services" that banks, brokers and fintechs can integrate into their apps.