Kraken joins the SoFi settlement network and goes online

SoFi reached an agreement with Kraken, the encryption trading platform, to connect each other to each other ' s financial infrastructure. The Kraken parent company Payward will join Sofi Exchange Network, short SEN, to enable Kraken ' s clients to transfer the dollar around the clock and manage liquidity without waiting for the opening hours of traditional banks. Kraken will also be on the line with SoFi Bank's Stable Currency SoFiUD. In exchange, SoFi will use Kraken Prime as an additional source of liquidity for its clients to encrypt transactions。