Kraken Blog 2026-05-08 17:40:31

Payward files application for OCC National Trust Company, deepening commitment to regulated digital asset infrastructure

We have filed an application with the Office of the Comptroller of the Currency (“OCC”) for a national trust company charter. If approved, the application would establish Payward National Trust Company (“PNTC”), which would provide fiduciary custody and other services primarily for digital assets. PNTC expects to serve institutional clients and individual customers seeking regulated, bank-level custody and trust services for digital assets, leveraging Payward’s existing infrastructure, risk management, compliance programs, and regulated affiliates to deliver services in a secure and compliant manner. This application marks Payward ’s latest step in building out a robust federal regulatory infrastructure for digital assets, as the U.S. regulatory landscape continues to mature. A national trust company charter would establish a federally regulated custody offering under OCC oversight, expanding access for institutional clients who require a federally regulated qualified custodian and enabling Payward to serve a broader range of clients across the United States. “Our long-held belief has always been that the right path forward for digital assets runs through robust, transparent regulation,” said Arjun Sethi, Co-CEO of Payward and Kraken. “A national trust company provides the certainty institutions require and establishes the infrastructure to build the next generation of custody. This is not about being first; it is about getting the framework right so markets can scale with clarity, interoperability, and long-term vision for what clients will demand as these systems mature.” A multi-charter strategy built for every client, every market The OCC application builds on the regulatory foundation Payward has already established through Kraken Financial, its Wyoming Special Purpose Depository Institution (SPDI) . A Wyoming SPDI and a national trust company would serve different and complementary purposes. “Kraken Financial and what we are building with the OCC are complementary pillars of Payward’s regulated banking strategy aimed at advancing an efficient and accessible digitally native financial system,” said Sethi. “Our Wyoming SPDI and Federal Reserve master account represent a genuinely unique foundation, and the addition of a national trust company expands what we can offer our clients under an evolving U.S. regulatory framework.” Get started with Kraken The post Payward files application for OCC National Trust Company, deepening commitment to regulated digital asset infrastructure appeared first on Kraken Blog .

La maggior parte ha letto le notizie

Wall Street Closes Higher as Tech Rally Lifts...
2026-05-08
Bitcoin drops to $79,000 as ETF outflows hit...
2026-05-08
WTI Slides as Renewed US-Iran Deal Hopes and...
2026-05-08
Intel Stock Hits All-Time High After Prelimin...
2026-05-08
India’s Enduring Love for Gold: 11 Months of...
2026-05-08
Venezuela Upholds Crypto Mining Ban as Power...
2026-05-08
Asia FX faces divergent paths under Hormuz St...
2026-05-08
Aluminium supply at risk as bauxite export ca...
2026-05-08

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta