Wells Fargo Eyes Kraken Parent for Crypto Liquidity

58 minutes ago 2

Rommie Analytics

What the report says

CoinDesk reported that Wells Fargo and Payward are discussing crypto-trading liquidity.

What remains undisclosed

Neither company has announced an agreement, launch date, product scope or eligible clients.

Liquidity determines how well a crypto order is filled

CoinDesk reported that the discussions could involve Payward supplying liquidity for crypto trading. In practical terms, liquidity is the pool of buyers and sellers available when a customer wants to trade. Deeper liquidity makes it easier to complete a large order quickly without pushing the price far from the ma...

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