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55CRYPTO

SoFi and Kraken's parent company Payward partner to integrate banking and crypto services

⚡ Markets: The partnership signals further convergence between traditional finance and the crypto industry, potentially improving efficiency and liquidity. It's a positive development for the companies involved and the broader trend of digital asset integration.SOFIBTC

Financial technology company SoFi and crypto exchange Kraken, via its parent Payward, have partnered to link their services. The deal will list a SoFi-issued stablecoin (SoFiUSD) on Kraken and give both firms access to each other's infrastructure for 24/7 dollar settlement and crypto liquidity.

West MSM: noneFinancial press 41 country
4 sources across the spectrum
Financial pressCointelegraph — Kraken parent Payward partners with SoFi on stablecoin, 24/7 settlement
Financial pressDecrypt — SoFi Links Banking Network and Stablecoin to Kraken in New Deal
Financial pressThe Block — SoFi, Payward agree to link banking network with Kraken infrastructure
Financial pressCoinDesk — SoFi, Kraken tie up as crypto and banking push into each other's turf
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