BNY Mellon and Payward (Kraken parent) exploring partnership spanning crypto, custody.

BNY announced a strategic partnership on October 2, 2026.

Primary

BNY

Date

October 2, 2026

Sub-sector

Crypto / Stablecoin

Signals major institutional adoption of crypto infrastructure and validates B2B crypto rails as a buyer thesis for tier-1 financial incumbents. For sub-$250M fintech founders in crypto/payments, demonstrates institutional demand and potential acquisition vectors.

Primary company

BNY

Counterparty

Not disclosed

Amount

Not disclosed

Event date

October 2, 2026

Sub-sector

Crypto / Stablecoin

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PYMNTS

Source: pymnts.com