🔥WELLS FARGO IS REPORTEDLY PLUGGING INTO KRAKEN FOR CRYPTO TRADING

According to CoinDesk, America's fourth-largest bank is in talks with Payward (Kraken's parent company) to supply liquidity for its crypto asset trading.

What stands out:
- Wells Fargo isn't building crypto infrastructure from scratch. It's tapping an established exchange instead.
- Payward is also in talks with BNY across custody, trading, payments and wealth management.
- Earlier, Payward partnered with SoFi and received a $100M investment from Nasdaq.

The trend is clear: big banks aren't fighting crypto, they're plugging straight into crypto companies' infrastructure.

⚠️ Note: these are talks only, with no confirmed deal. Sources are anonymous, and both sides declined to comment.

🔗 https://x.com/CryptoThreadsX/status/2108017067228307764

Website | X | Facebook | IG | Telegram | LinkedIn | Youtube | Medium