According to CoinMeta, Sofi Technologies and Kraken have reached a strategic partnership with their parent company, Payward, to connect 24/7 banking infrastructure with the crypto liquidity and stablecoin markets. The agreement was announced on September 3rd, enabling Payward to join the Sofi exchange network (SEN), providing real-time US dollar settlement for institutional customers of Kraken, and using Kraken Prime as a source of liquidity for crypto transactions conducted through Sofi. Kraken will also launch SofiUSD, which is expected to offer customers better trading pricing. Sofi has 15.8 million members, while Sofi Tech Solutions serves over 134 million accounts globally.