SoFi Connects Its 24/7 Banking Network to Kraken and Brings SoFiUSD to the Exchange

By Isaac • September 3, 2026 11:25 am •

SoFi and Kraken parent Payward are building a bridge between round-the-clock banking and round-the-clock crypto markets, with settlement, trading liquidity, and stablecoin distribution all included.

Payward will join the SoFi Exchange Network for real-time dollar settlement, SoFiUSD is headed to Kraken, and SoFi will use Kraken Prime as an additional source of liquidity for crypto trades made inside the SoFi app.

In its official announcement, SoFi said the partnership will let Kraken’s institutional clients clear and settle U.S. dollar transactions through the SoFi Exchange Network 24 hours a day, seven days a week.

Crypto markets never close, while traditional bank settlement still operates around business hours and cutoff times. An exchange can keep its order books