Payward Acquires Kraken, Expanding to $2 Billion
2026-09-27 14:44:58
CoinMeta Data: Payward Announces Expansion of Its Financial Infrastructure Strategy Through Acquisitions, Aiming to Push Its Business Towards $2 Billion in Acquisitions. According to Coindesk, Payward's Co-CEO Arjun Sethi stated that Payward is a financial platform built around shared infrastructure, with trading forming one of the four operational pillars through Kraken. Payward reported adjusted revenue of $508 million in the second quarter of 2026, a year-on-year increase of 17%. The company also mentioned that traditional futures, stocks, and tokenized stocks saw growth during the quarter, with average daily futures revenue transactions increasing by 8%. Payward also plans to launch perpetual futures based on Hyperliquid in the United States, subject to regulatory approval.
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Source:Cryptonews
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