Payward and SoFi have announced a strategic partnership that will bring SoFiUSD to Kraken and route SoFi’s crypto order flow through Kraken Prime for execution.
The deal also connects Kraken to SoFi’s real-time settlement rails, while giving Kraken Prime clients access to SoFi’s business banking and 24/7 fiat settlement network.
SoFi members will be able to buy, sell, and hold SoFiUSD on Kraken, while Kraken Prime will route orders across multiple liquidity venues to seek the best available execution rather than relying on a single order book.
The partnership expands Kraken Prime’s role as an institutional infrastructure layer connecting traditional banking with digital assets. For SoFi, it adds access to deeper liquidity and institutional-grade execution while keeping crypto trading within its existing app experience.
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