News linked to both this project and an event.
According to The Block, Kraken's parent company Payward has announced a partnership with Singapore Gulf Bank (SGB). By integrating the bank's real-time multi-currency clearing network, SGB Net, it will provide 24/7 settlement services for institutional digital asset clients. The service will initially be available to a select group of clients, starting with USD trading, before gradually expanding to additional currencies.
Odaily News: Open Standard has announced the official launch of its USD stablecoin OUSD. Enterprises and developers can now use OUSD to build internet-native financial services and products for banking, cross-border payments, settlement, and institutional trading. OUSD offers 4 integration paths, with related APIs and tools covering settlement, payment orchestration, trading, foreign exchange, wallets, and card services, all supporting free minting and burning at a 1:1 USD rate.Enterprises can currently access it through Mastercard, Stripe, and the Visa Stablecoin Platform, with Coinbase integration opening on October 1. OUSD will natively support Base, Ethereum, Solana, and Tempo, and will first launch on centralized and decentralized trading platforms including Coinbase, Kraken, and Uniswap. OUSD is issued by Stripe-owned Bridge, with reserve assets held at BlackRock, Lead Bank, and BNY Mellon, and proof of reserves will be published monthly.
Odaily News: Ledger has partnered with Payward, the parent company of Kraken. Customers using Payward's stock trading platform xStocks can require counterparties to sign on their Ledger devices before completing transactions; Ledger devices will integrate xStocks functionality.
According to disclosure documents from the U.S. Securities and Exchange Commission (SEC), Bitnomial Exchange, which has been acquired by Payward, the parent company of Kraken, has filed a rule change application proposing to establish common listing standards and related trading rules for cash-settled single-stock security futures. The exchange plans to launch cash-settled security futures based on individual stocks, including "perpetual security futures" with no fixed expiration date. These products will support 24/5 trading and employ a funding rate mechanism for payments between long and short positions. Additionally, Bitnomial intends to implement a daily cash settlement mechanism for security futures, specify that each contract represents 100 shares of the underlying stock, and set a standard maximum position limit of 200,000 contracts. Separately, Payward revealed plans to initially launch perpetual futures linked to 10 U.S. listed stocks, including Tesla, NVIDIA, Apple, Microsoft, and Amazon among others.
According to an announcement on Payward's official website, Payward, the parent company of Kraken, has announced plans to deploy on-chain perpetual futures products to U.S. customers via the Hyperliquid HIP-3 market, becoming the first registered exchange or clearing agency to launch a market on the protocol for U.S. clients. Payward's CFTC-regulated entity Bitnomial will serve as the HIP-3 deployer, responsible for creating, managing, and clearing and settling contracts. NinjaTrader Clearing will take charge of client accounts, restricting participation exclusively to users who have completed the NinjaTrader account opening process and passed the whitelist review.
X has announced the launch of the X Cashtag Partner Program in the United States, adding a "Trade" entry point to Cashtags. After users click on a supported stock, ETF, or cryptocurrency Cashtag, they can view asset price charts and related posts, and via "Trade" be redirected to partner brokerages to complete transactions. The first batch of partner brokerages includes Interactive Brokers, Moomoo, Gemini, Kraken, and Coinbase.
X announced the launch of the "Ticker Tag (Cashtag) Partnership Program" in the United States, with initial partners including Interactive Brokers, Moomoo, Gemini, Kraken, and Coinbase. Upon clicking a supported ticker tag, users can view price charts and discussions for the associated asset, and navigate to the partner platforms' apps or websites via a newly added "Trade" option to complete transactions after logging in or creating an account. Transactions are directly processed by the partner brokerages or platforms.
Odaily reports: Coinbase posted on X platform stating that it has become one of the first partners of the X Cashtag program. X announced the launch of the X Cashtag partner program in the United States, allowing users to click on stock, ETF, and cryptocurrency tickers in their timeline to view price charts and related posts, and through the "Trade" option, jump to participating brokerages such as Interactive Brokers, Moomoo, Gemini, Kraken, and Coinbase to complete transactions.
Kraken partners with Veda and Sentora to launch the xStocks vault, allowing users to earn DeFi yields by lending tokenized US stocks and ETFs.
According to Bloomberg, insiders said Nasdaq will invest $100 million into Payward, the parent company of cryptocurrency exchange Kraken, through its venture capital arm to continue building infrastructure that supports tokenized stock trading. The investment values Payward at $21 billion and further expands the partnership announced by both companies in March this year.
Odaily News: According to official Kraken announcements, Kraken has listed the wrapped HYPE asset kHYPE. kHYPE is a wrapped asset for HYPE, backed 1:1 by HYPE held in Kraken custody, with related reserves verifiable on-chain. Additionally, kHYPE can be used in DeFi applications on the Ink chain and supports redemption back to HYPE at any time.
Odaily News: HyperliquidNews posted on platform X, stating that Kraken has announced the listing of Wrapped HYPE on its Layer 2 network INK, with the token named kHYPE, which could easily be confused with a token of the same name launched by Kinetiq.
Odaily News: Mortgage lender Pineapple Financial has migrated over $1 billion in residential mortgage records to Injective, a Layer 1 blockchain focused on financial applications. The company plans to eventually migrate more than 29,000 issued mortgages totaling over $10 billion on-chain, with each loan corresponding to an on-chain record, without repackaging them into new mortgage-backed securities.These records contain more than 500 data points, including loan-level information, used to support verification, audit trails, and risk analysis. According to Pineapple Financial's dashboard, the current migration count stands at 2,079 records, up from 1,259 when the project launched in December 2025; the PAPL0 asset has a market value of approximately $1.1 billion, with tokens representing mortgage records rather than ownership of the underlying loans.Pineapple Financial's partnership with Injective also includes a $100 million Injective (INJ) digital asset treasury. Pineapple Financial stakes INJ from this treasury, with Kraken serving as the primary validator for the related holdings. (Cointelegraph)
According to Cointelegraph, Kraken's parent company Payward has partnered with SoFi to integrate the SoFiUSD stablecoin on the Kraken platform and establish a 24/7 USD settlement channel.
According to official announcements, Mantle has announced that USDG, a US dollar stablecoin issued by Paxos, has officially launched, becoming one of the first native stablecoins on the Mantle network. This integration establishes Mantle as a partner of the Global Dollar Network (GDN). Mantle will directly participate in GDN's reward-sharing mechanism, standing alongside over 150 partners, including Robinhood and Kraken, to drive user growth. As one of the few stablecoins subject to dual regulation under both the Monetary Authority of Singapore (MAS) and the European Union's MiCA framework, USDG currently has a circulating value exceeding $3.5 billion. One of Mantle's missions is to introduce more institutional-grade assets, including tokenized equities, yield-bearing stablecoins, and tokenized funds, thereby providing borderless investment access for everyone. The integration of USDG will further advance Mantle's development into an open financial network bridging institutional players and users. According to reports, the addition of USDG further enriches Mantle's existing portfolio of institutional-grade assets, which includes Agora's AUSD, Ethena's USDe, Ondo's USDY, and Tether's USDT0, among others. Over the past year, Mantle's stablecoin TVL has surpassed $982 million, with RWA T
据 CoinDesk 报道，数字银行 SoFi 与加密交易所 Kraken 宣布达成合作。Kraken 母公司 Payward 将加入 SoFi 的24/7 美元结算网络（SEN），支持机构客户全天候转移美元、管理流动性；Kraken 同步上线 SoFi 发行的银行稳定币 SoFiUSD，SoFi 则引入 Kraken Prime 作为其平台加密交易的额外流动性来源。双方表示，未来合作或将延伸至支付、国库、借贷等数字资产服务领域。
Odaily News - The USD-pegged stablecoin $U has been listed on Kraken, opening USTABLES/USD trading, and covering fiat, major crypto assets, and stablecoin quotes through synthetic trading pairs.$U has been live for approximately 9 months, with a current circulating market cap of around $1.27 billion and daily trading volume of approximately $200 million. It has been listed on exchanges including Binance, covering BNB Chain, Ethereum, and TRON. On the product side, it has integrated with Lista, Venus, as well as payment and on-chain settlement scenarios.
Odaily News: In Solana's first binding on-chain governance vote, SGP-0002, a proposal aimed at accelerating the downward adjustment of SOL inflation, passed with 67% support. The proposal, driven by infrastructure provider Helius, plans to increase Solana's annual inflation reduction rate from 15% to 30%, accelerating the network's path to a terminal inflation rate of 1.5% and reducing the scale of new SOL issuance in the medium to long term. Ahead of the voting deadline, the proposal's support rate had not yet reached the two-thirds quorum threshold. In the final stages, Helius CEO Mert Mumtaz reached out to major validators and institutions, with Kraken's validator node Kraken2 switching its stance from opposition to support as the deadline approached. Ultimately, the proposal received 67% support, 25% opposition, and 7.84% abstentions, with a staking participation rate of 60.7%, meeting the quorum requirements. Mert Mumtaz stated that after hundreds of communications, the proposal secured key votes in the final stage and passed.
Odaily News: Solana validators have completed the network's first binding on-chain governance vote. Proposal SGP-0002 "Double Disinflation" passed with 67.0% support, slightly above the 66.67% threshold required for approval. During the voting period, cryptocurrency exchange Kraken had consistently voted against the proposal but switched to a supporting vote at the last moment.The proposal increases the annual disinflation rate of new SOL issuance from 15% to 30%, bringing the fixed 1.5% issuance floor forward to 2029, ahead of the original timeline of 2032. Over the next six years, approximately 18.9 million fewer SOL are expected to be issued.SGP-0001 "Solana Constitution" passed with 86.0% support by staked stake, officially establishing the framework for future governance voting mechanisms. Following the disinflation adjustment, staking yields are expected to decline from the current rate of approximately 5.25% to around 2.25% within three years.SGP-0003 "Resource and Inclusion Fee" did not pass, receiving 53.9% support, below the two-thirds threshold. The proposal had sought to split transaction fees into base inclusion fees and resource fees, while increasing the daily burn amount from approximately 650 SOL to a maximum of 9,000 SOL. (Decrypt)
According to The Block, Evernorth Holdings, an XRP treasury company, announced that its S-4 Registration Statement filed with the U.S. Securities and Exchange Commission (SEC) has officially become effective. The registration covers Evernorth's business combination with SPAC Armada Acquisition Corp. II, after which it is expected to commence trading on Nasdaq under the ticker symbol "XRPN". The S-4 document registers up to 34,499,992 shares of Class A common stock and 11,499,992 warrants. Positioned as a regulated digital asset treasury company, Evernorth focuses on XRP investment exposure and plans to actively deploy capital into XRP infrastructure projects. Its investors include institutional backers such as Ripple, Arrington Capital, SBI Group, Pantera Capital, Kraken, and GSR. The merger is anticipated to close in late Q3 or early Q4 of 2026, pending shareholder approval.