Kraken Parent Payward Secures British Virgin Islands VASP Registration, Expanding 100+ Global License Portfolio

Payward, the parent company of Kraken, has secured Virtual Asset Service Provider registration from the British Virgin Islands Financial Services Commission, according to an official statement. The approval permits Payward to provide regulated virtual asset services including crypto exchange, custody, and digital asset transfers in the BVI. Lucien Charland, Head of Geo Expansion at Payward, stated: "The BVI is an important part of our global regulatory strategy, and these registrations strengthen our ability to serve clients with the certainty and consistency they require." The registration extends Payward's regulatory footprint to over 100 licenses and registrations globally, spanning Europe, North America, the Middle East, Asia-Pacific, and offshore financial centers including Bermuda and now the BVI.
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