Market News Today — AI-Curated Stock & Crypto Headlines

Kraken has acquired token management firm Magna, expanding its product suite with token lifecycle infrastructure, ahead of a potential IPO push.

Kraken has integrated with ICE Chat to provide institutional users with direct access to OTC crypto liquidity, expanding institutional access to digital assets.

A $1 million Lightning transaction has been successfully tested between SDM and Kraken, demonstrating Bitcoin's ability to handle large, institutional-grade payments.

Payward, the parent company of Kraken, reported a 33% growth in full-year revenue, driven by its adoption of a multibrand corporate structure.

Octopus Energy's Greg Jackson prefers London for Kraken's £7 billion IPO, citing the city's world-leading performance and ability to attract fresh capital.

Kraken-backed SPAC has filed for a $250 million initial public offering, focusing on cryptocurrency ecosystem businesses, expanding Kraken's presence in public markets.

BitMEX is expanding its offerings by introducing 24/7 Equity Perps, allowing users to gain exposure to major US stocks and indices using crypto as collateral, as the trend of tokenized equities continues to gain momentum.

Octopus Energy is spinning off its AI unit Kraken Technologies, a move that values the new company at $8.65 billion, highlighting the growing importance of AI in the renewable energy sector.

Origin Energy Ltd.

Payward, the parent company of Kraken, has announced a partnership with SoFi to integrate the SoFiUSD stablecoin onto the Kraken platform.

SoFi and Kraken have established a partnership where Kraken will list SoFi's stablecoin (SoFiUSD) and access SoFi's 24/7 dollar settlement network, while Kraken Prime will execute trades for SoFi's crypto customers.

SoFi Technologies announced a partnership with Payward to integrate its banking settlement network with Kraken's digital-asset infrastructure.