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Kraken parent Payward to buy Reap in $600 million stablecoin payments push

Kraken parent Payward agreed to buy Hong Kong-based Reap for up to $600 million, adding card issuance and stablecoin payment capabilities to its new B2B platform.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Kraken parent Payward to buy Reap in $600 million stablecoin payments push

Kraken parent Payward agreed to buy Hong Kong-based Reap for up to $600 million, adding card issuance and stablecoin payment capabilities to its new B2B platform.

Why this matters

Kraken is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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