Search results for Payward
Crypto
SpaceX IPO frenzy draws crypto industry as tokens, perpetual futures and betting products proliferate
Crypto companies are competing to attract retail investors ahead of SpaceX\'s initial public offering, rolling out products ranging from prediction markets to tokenised assets and perpetual futures. The offerings allow trading on SpaceX price moves without a traditional brokerage account, though most do not provide direct share ownership, dividends, voting rights or claims on assets. Platforms such as Polymarket, Myriad, Kraken-linked services, Coinbase International, Hyperliquid and Backpack have launched related products, reviving investor-protection and regulatory concerns.
Crypto
Bybit launches subscription service for SpaceX IPO tokenised shares
Crypto exchange Bybit will launch a subscription service for tokenised shares tied to a SpaceX IPO, Cointelegraph reported on June 8. Bybit will use the xStocks framework from Payward, the parent of Kraken, to secure IPO allocations through SpaceX’s underwriter syndicate and then tokenise them. The tokenised shares are linked one-to-one with real shares held by a regulated broker-dealer. Trading is set to begin on Bybit’s spot market on June 12.
Crypto
Crypto custody firm Copper pursues sale valued at $500 million
Crypto custody firm Copper is pursuing a sale valued at about $500 million, Coindesk reported, citing two sources. Wall Street investment bank Cantor Fitzgerald is advising on the process. Copper\'s core asset is its ClearLoop settlement system, which enables delivery-versus-payment trades while keeping assets in custody and off-chain. Copper has focused on ClearLoop since exiting corporate custody in 2023.
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Crypto
Kraken clears Dubai regulatory hurdle, UAE market entry in sight
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Crypto
Blockchain.com confidentially files IPO paperwork with U.S. SEC
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Crypto
Kraken parent Payward revenue jumps on tokenization expansion
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Crypto
Kraken parent Payward seeks new funding at $20 billion valuation
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Crypto
Kraken launches regulated spot crypto margin trading in US
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Crypto
Kraken parent Payward applies to U.S. OCC for national trust charter
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Crypto
Kraken parent Payward to buy Hong Kong stablecoin payments firm Reap for $600 million
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Finance
OpenAI, Kraken and AmEx join April\'s top 5 global fintech M&A deals
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Crypto
Nasdaq to work with Kraken on issuer-focused stock tokenisation