Major US bank Wells Fargo is reportedly in discussions with Payward, the parent company of cryptocurrency exchange Kraken, regarding liquidity provision for cryptocurrency trading. This was reported by US cryptocurrency media outlet CoinDesk on the 7th, citing two individuals familiar with the matter.
The discussions are ongoing, and there is a possibility that an agreement may not be reached. Both companies declined to comment.
Liquidity provision involves the exchange facilitating access to trading markets and order execution...
