According to CoinMeta, Payward (the parent company of Kraken) and digital finance company Sofi have announced a strategic partnership. Sofi will execute the digital asset orders of its users through Kraken Prime, while Kraken Prime will utilize an intelligent order routing system to find liquidity and execution prices across multiple trading venues. Additionally, the stablecoin SofiUSD issued by Sofi will be launched on Kraken. Furthermore, Payward will integrate with Sofi Exchange Network's 24/7 real-time settlement network, and institutional and corporate clients of Kraken Prime will also gain access to Sofi Big Business Banking and SEN. In the future, both parties plan to expand their services to include qualified custody, among others.