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via CoinDesk · By CoinDesk Staff
SoFi, Kraken link up to bridge banking, stablecoin and crypto trading
CS
CoinDesk Staff(12:00 PM UTC)
1 min read
Summary
- Kraken parent Payward will use SoFi's banking services and join its 24/7 dollar settlement network.
- Kraken will list SoFiUSD, while SoFi will tap Kraken Prime as another source of liquidity for customer crypto trades.
- The tie-up comes as crypto exchanges and fintechs increasingly expand across payments, banking, trading and lending.
Digital bank SoFi (SOFI) and Kraken are…
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