Wells Fargo in Talks with Kraken Parent for Crypto Liquidity

Key Facts

1Wells Fargo is in discussions with Payward, the parent company of Kraken, to provide liquidity for crypto trading.

Wells Fargo is in discussions with Payward, the parent company of Kraken, to provide liquidity for crypto trading. Reuters reported that the bank is negotiating with the firm to secure the necessary infrastructure for its digital asset trading services.

WFC closed at $81.51 on October 6, 2026, as major US lenders continue to deepen their involvement in digital assets. In the banking sector, BAC closed at $54.09 and C closed at $128.52 on the same date, while JPM was trading at $328.69 on October 7, 2026.