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BNY is negotiating digital asset cooperation with Kraken parent company Payward, covering custody, trading and payment.

PANews reported on October 3 that according to CoinDesk, custodial banking giant BNY is negotiating a broad cooperation with Payward, the parent company of crypto exchange Kraken, covering digital assets and financial market infrastructure. The potential agreement could cover areas such as cryptocurrency products, custody, wealth management, trading, payments and infrastructure. The services will be provided through Payward Services, the company’s B2B platform for banks, exchanges and asset managers. Parts of the proposed collaboration could be similar to the infrastructure component of Payward's recent agreement with Nasdaq. Negotiations are still ongoing and there is no guarantee that a final agreement will be reached.

PANews reported on October 3 that according to CoinDesk, custodial banking giant BNY is negotiating a broad cooperation with Payward, the parent company of crypto exchange Kraken, covering digital assets and financial market infrastructure. The potential agreement could cover areas such as cryptocurrency products, custody, wealth management, trading, payments and infrastructure. The services will be provided through Payward Services, the company’s B2B platform for banks, exchanges and asset managers. Parts of the proposed collaboration could be similar to the infrastructure component of Payward's recent agreement with Nasdaq. Negotiations are still ongoing and there is no guarantee that a final agreement will be reached.

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