BNY is in talks with Payward, the parent company of cryptocurrency exchange Kraken, about a potential partnership focused on digital-asset infrastructure, according to a report. The discussions reportedly cover areas such as digital assets, custody, trading, payments, and other financial-market infrastructure.
The available reports describe a prospective agreement rather than a finalized deal, and they do not specify timelines, deal size, or regulatory implications. CoinDesk frames the talks around a broad infrastructure partnership spanning multiple financial services functions. Seeking Alpha similarly reports that BNY is discussing a pact with Kraken’s parent, aligning with the notion that the scope is centered on digital-asset-related market infrastructure.
Neither outlet provides further details on specific product offerings, jurisdictions, or terms, and both imply the discussions are at an early stage. The reports therefore focus on the existence of talks and the general categories of cooperation rather than concrete commitments.