SoFi and Kraken partner to integrate traditional banking with crypto markets
Digital bank SoFi (SOFI) and crypto exchange Kraken have announced a partnership that will see Kraken join SoFi's settlement network (SEN), enabling its institutional clients to move U.S. dollars and manage liquidity 24/7. Additionally, Kraken will list SoFi's bank-issued stablecoin, SoFiUSD, while SoFi will leverage Kraken Prime as an additional liquidity source for its customers' crypto trades. The collaboration aims to bridge traditional finance with crypto, allowing for round-the-clock financial operations.
Source:CoinDesk · Source Link
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