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Kraken Parent Payward Expands Beyond Exchange Model

Kraken parent Payward is broadening its focus beyond cryptocurrency exchange services. Co-CEO Arjun Sethi said trading, payments, asset management and institutional offerings are being unified on common infrastructure rails.

CoinDesk 28 unique views
Kraken Parent Payward Expands Beyond Exchange Model

Payward, the parent company of Kraken, is positioning its business as broader financial infrastructure rather than solely a cryptocurrency exchange, according to CoinDesk. Co-CEO Arjun Sethi said the company is bringing trading, payments, asset management and institutional services together on common technological rails. The strategy points to an effort to connect multiple financial offerings within a unified platform, spanning both market access and supporting services. Payward’s approach places Kraken’s exchange operations within a wider infrastructure model designed to serve different parts of the digital-asset and financial-services ecosystem. CoinDesk reported the comments on September 26, 2026. The source did not provide further details on the company’s investment amount, implementation timeline or the expected impact on individual assets.

Source CoinDesk Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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