Payward says it is exploring a full-service banking push outside the US

Payward co-CEO Dave Ripley said at the Wyoming Blockchain Symposium that the company is focusing on three main business lines: trading, banking and asset management. He described banking as covering payments, lending, yield and custody, adding that Payward already has capabilities in all four areas. The company’s banking arm, Kraken Financial, has secured a Wyoming special purpose depository institution charter. Earlier this year, it also received a streamlined Federal Reserve master account, giving it access to parts of the central bank payment system. The remarks point to a broader effort by Payward to expand beyond trading and deepen its role in financial services, with attention on markets outside the United States.