#Payward — Zipp

Payward leads $20M Series A in Onyx Odds at $220M valuation

46d ago

Payward leads $20M Series A in Onyx Odds at $220M valuation

The raise, led by Kraken's parent, lands as prediction markets are being repriced on the back of Kalshi's $22B valuation and a flood of sports-betting liquidity into the segment.

TheBlock

Kraken Parent Payward Posts Rising Q1 Revenue Despite Soft Market

🔥BULLISH

83d ago

Kraken Parent Payward Posts Rising Q1 Revenue Despite Soft Market

Kraken's parent firm grew top-line revenue through the latest crypto downturn, signaling that major exchanges can still scale on volume mix and derivatives — not just bull-market spot activity.

CoinDesk

Kraken parent Payward cuts 150 jobs ahead of $20B IPO

🩸BEARISH

86d ago

Kraken parent Payward cuts 150 jobs ahead of $20B IPO

The layoffs trim about 5% of headcount at a venue seeking fresh capital at a $20B mark, after a quiet November S-1 filing — a familiar pre-listing rationalization playbook.