The partnership brings SoFiUSD to Kraken and taps Kraken Prime for app liquidity.
SoFi Technologies announced a strategic partnership with Payward on 3 September 2026 to connect its banking infrastructure with Kraken digital asset markets. Shares of SoFi traded higher on the announcement.
Under the agreement, Payward will join the SoFi Exchange Network and list SoFiUSD, which is SoFi bank-issued stablecoin, on the Kraken multi-asset trading platform. SoFi will also tap Kraken Prime as an additional source of digital asset liquidity for cryptocurrency trades made by SoFi members inside its app.
By joining SEN, SoFi real-time settlement network, institutional clients of Kraken gain the capability to clear and settle U.S. dollar transactions around the clock. This alliance builds on SoFi Big Business Banking offering launched in April to combine enterprise banking and digital asset features.
The financial system should not shut down when markets stay open. SoFi is building the trusted financial infrastructure for an always-on economy, combining the strength of a nationally chartered bank with technology that allows money to move seamlessly and efficiently.
Share prices can rise and fall. Past performance does not guarantee future results. This article is news, not investment advice.
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