Fundz

Kraken raised $42.5M in a grant from Optimism to launch Ink, a layer-2 on the Optimism blockchain.

PRIVATENov 02, 2024

Amount Raised

$42.5 Million

Round Type

Grant

CheyenneFinanceFintech

Investors

Optimism

Description

Kraken has secured a $42.5 million grant from Optimism for the development of its new layer-2 solution, Ink. This funding brings the exchange’s total raised funds to $164.8 million.

Quick answer

Payward raised $42.5 Million in a Grant round, dated November 2, 2024. Investors: Optimism. Payward is based in Cheyenne, Wyoming, United States.

How much did Payward raise?
Payward raised $42.5 Million in a Grant round on November 2, 2024.
Who invested in Payward?
Optimism is named as investors in this round.
What does Payward do?
Payward is the unified financial infrastructure platform behind Kraken, focused on delivering innovative solutions for digital asset markets.
Where is Payward based and how big is it?
Payward is based in Cheyenne, Wyoming, United States. Fundz records about 2,300 employees.
Who are the decision-makers at Payward?
Fundz holds 5 contacts at Payward, including the Chief Growth & Marketing Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Finance and Fintech around the same time

Companies in the same sectors as Payward that raised within 45 days of this round, from Fundz verified event records.

  • Volume raised $6M (Funding Round) on December 17, 2024.
  • CredibleX raised $55M (Seed) on December 16, 2024.
  • Jiko raised $29M (Series C) on December 12, 2024.
  • Navanc raised $1M (Seed) on December 11, 2024.
  • KAST raised $10M (Seed) on December 11, 2024.
  • Billboxx raised $1.6M (Pre-Seed) on December 11, 2024.

Who to call at Payward, and when

A new round usually means Payward is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Payward raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Payward, from your own LinkedIn network

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Company Information

Company

Payward

Location

106 East Lincoln Way 4th Floor

Cheyenne, Wyoming, United States

About

Payward is the unified financial infrastructure platform behind Kraken, focused on delivering innovative solutions for digital asset markets. The company provides institutional clients with access to real-time clearing and settlement services. Established as a secure platform, it aims to enhance trading efficiencies and liquidity across digital assets.

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Fundz sees it the moment Payward raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

5 contacts
Verified contactsMayur, Chief Growth & Marketing Officer hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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ML-powered predictions for Payward's next move

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Payward raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.