*Parties: BNY (NYSE: BK, custody bank giant, ex Bank of New York Mellon) + Payward, Wyoming parent of Kraken — 2 people familiar, anonymous, private talks — no guarantee — both declined comment* $GLMR $QI $龙虾
- *Scope 6 lines: crypto products, custody, wealth management, trading, payments, financial-market infrastructure — via Payward Services B2B platform for banks/exchanges/asset managers*
- *Shape: resembles infrastructure component of Payward-Nasdaq deal Sep — Nasdaq Ventures $100M at $21B valuation, building Nasdaq Equity Tokens ops + commercial infra, tokenized stocks distribution on Kraken + Kraken adopting Nasdaq surveillance across crypto/equities/tokenized equities/futures/options — BNY itself developing tokenized deposits for near-real-time onchain settlement between institutions*
- *Context: Kraken pushing to sell rails behind exchange to TradFi — clients keep own relationships — BNY stock +1.3% Fri*
*BREAKING 🚨 BNY in talks with Kraken parent Payward for broad partnership 🏦 Scope 6: crypto products, custody, wealth, trading, payments, infra via Payward Services — resembles Nasdaq $100M at $21B tokenized equity pact Sep — talks ongoing, no deal guaranteed, both declined comment — BNY building tokenized deposits for onchain settlement ⚡*