MarketPR
An agreement to link SoFi Technologies' banking settlement network with Payward's Kraken digital-asset infrastructure puts $LINK in focus this session.
The next confirmable step is a joint disclosure from the two firms on how the connected systems will process transactions once the integration is live. SoFi Technologies carries the banking settlement side of the ledger.
Payward, Kraken's parent company, brings the digital-asset infrastructure.
The deal establishes a connection between a traditional banking rail and a crypto-native platform, which shifts where throughput capacity sits once the two networks are running together.
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