Payward, the parent company of crypto exchange Kraken, and fintech SoFi Technologies announced a partnership to route SoFi’s digital asset order flow through Kraken Prime, Kraken’s institutional trading platform launched in 2025. Under the agreement, SoFi will list its stablecoin SoFiUSD on Kraken, while Payward joins SoFi’s real-time settlement network, the SoFi Exchange Network. SoFi, which has 15.8 million members and holds a national bank charter, said customers will see no change to the app. Kraken Prime’s institutional clients will gain access to SoFi’s business banking services and round-the-clock fiat settlement. This alliance is part of a series of partnerships between Kraken and established financial players including Deutsche Börse, Nasdaq and Franklin Templeton.
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