Payward files for OCC charter in bid to become a federal crypto bank

11th May, 2026

Narayani Srinivasan

Payward, which owns crypto exchange group Kraken, has become the latest crypto firm to apply for a national trust company charter with the US banking regulator, after it acquired physical derivatives specialist Bitnomial last month.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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