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      Wells Fargo, America’s Fourth-Largest Bank, in Talks With Kraken Parent Payward for Crypto Trading...

      Wells Fargo, America’s Fourth-Largest Bank, in Talks With Kraken Parent Payward for Crypto Trading Liquidity as Major Banks Deepen Digital Asset InvolvementWells Fargo is in talks with Kraken parent Payward over a potential deal under which Payward would supply liquidity for crypto asset trading, CoinDesk reported, citing two people with direct knowledge of the matter. The discussions are ongoing and may not result in a deal. Payward is separately in talks with BNY over a broader financial infrastructure partnership that could cover crypto products, custody, wealth management, trading and payments. The talks highlight how major banks are increasingly turning to established crypto companies to support their digital asset ambitions.

      Source: Wu Blockchain
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud