Payward co-CEO Arjun Sethi stated that the company is integrating trading, payments, asset management, and institutional services onto a unified financial infrastructure. Over the past two years, the Wyoming-based company has invested billions of dollars in acquisitions and development, expanding its operations into futures and derivatives, tokenized equities, and seeking additional banking licenses in the US and Europe. Payward aims to build a unified financial platform that supports multi-brand operations and can be utilized by external financial companies, not just limited to the Kraken brand. The company has spent $1.5 billion to acquire NinjaTrader to build its US futures brokerage business and $550 million to acquire Bitnomial to add regulated derivatives infrastructure. Sethi also revealed that Payward is "on the verge of acquiring a European bank."