Wells Fargo in talks with Kraken parent Payward on crypto trading liquidity

Wells Fargo is in talks with Payward, Kraken’s parent company, on a plan to secure liquidity for cryptocurrency trading, CoinDesk reported. The discussions involve a potential arrangement under which Payward would provide crypto trading liquidity to the bank and are private, according to CoinDesk. Wells Fargo previously advised on Nasdaq’s $100 million investment in Payward.