Cryptocurrency exchange and trading platform
Raised to date
$808.7M
across 5 Form D filings
Payward, Inc. is the parent company of Kraken, a US-based digital asset platform founded in 2011 by Jesse Powell. Kraken operates one of the longest-standing cryptocurrency exchanges, offering crypto trading, brokerage, staking, futures, stocks, and payments to retail and institutional clients across more than 190 countries. Through its Wyoming-chartered Kraken Financial entity, it was the first cryptocurrency company to obtain a US bank (SPDI) charter. In November 2025 the company confidentially submitted a draft S-1 registration statement with the SEC for a proposed initial public offering.
One of the longest-operating crypto exchanges (since 2011) and the first cryptocurrency company to obtain a US bank charter, combining regulated banking infrastructure with a global multi-asset trading platform.
| Filed | Security | Sold of offered | Filing |
|---|---|---|---|
| Aug 3, 2026 | Other | $11K/ no target | Form D |
| Aug 3, 2026 | Equity | $25.2M/ $25.3M | Form D |
| Jun 23, 2026 | Equity | $354.2M/ $400.6M | Form D |
| Sep 23, 2025 | Equity | $29.3M/ $29.3M | Form D |
| May 15, 2025 | Equity | $400M/ $400M | Form D |
Digital asset exchange
A global digital asset exchange and financial platform for buying, selling, and managing cryptocurrencies and other assets.
Built for
Retail cryptocurrency investors, professional traders, and institutions seeking regulated digital asset trading, custody, and staking services
