Around 2026-05-08
Payward, Inc. (Kraken’s parent company) submitted / had its application for the proposed Payward National Trust Company, a national trust company (headquartered in New York), recorded by the OCC

If approved, it plans to provide fiduciary custody focused on digital assets and other trust services (for institutions and eligible individuals)
Company statement: an uninsured national trust company; complementary to Wyoming SPDI Kraken Financial / its Federal Reserve master account
The OCC public table still lists it as Pending (Control approx. 2026-Charter-345935)

Submitting / recording an application ≠ OCC approval
Approval ≠ full-scale launch

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