BNY is negotiating with Payward, the parent company of the Kraken exchange, on cooperation in the area of digital assets and financial market infrastructure. The two sides have not reached an agreement and there is no guarantee that the talks will be successful.

Two well-informed parties, the potential scope of collaboration may include crypto products, custody, asset management, trading, payments, and infrastructure. BNY is a major bank in the custody sector.

The services are expected to be provided through Payward Services, a B2B platform for banks, exchanges, and asset management entities. A part of the proposed cooperation may be similar to the infrastructure item in the recent agreement between Payward and Nasdaq.

Source: https://tintucbitcoin.com/bny-dam-phan-voi-payward-ve-hop-tac-tai-san-so/

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