JULY 15, 2026 – WOO X, a leading global centralized digital asset exchange, and Payward Services, the B2B infrastructure platform from Payward, the company behind global crypto platform Kraken, have signed a Memorandum of Understanding (MOU) to bring crypto trading to WOO X's European users through Payward Services’ trading-as-a-service offering.
Under the agreement, the companies intend to enable spot crypto trading for WOO X’s EU users powered by Payward's regulated European infrastructure and licensing. WOO X will join a growing roster of financial institutions using Payward Services’ trading-as-a-service offering, including bunq, one of Europe's leading neobanks.
"We're excited to bring WOO X the power of fifteen years of Payward's regulated infrastructure, creating an easy path to meet customer demand with an expanded trading offering and the right licenses to unlock crypto trading across the EU. When partners work with Payward Services, they can launch crypto trading in a few weeks without building complex in-house infrastructure," said Mark Greenberg, Global Head of Payward Services.
The MOU serves as a foundational framework for future cooperation. Both entities will share further operational updates as specific initiatives are finalized.
About WOO X
WOO X is a leading global centralized digital asset exchange built by traders, for traders. Backed by YZi Labs (formerly Binance Labs) and engineered by a premier team of quantitative traders, engineers, and technologists originating from top-tier Web2 and Web3 projects, WOO X delivers an elite trading environment tailored for both retail and institutional investors.
About Payward Services
Payward Services is the B2B infrastructure platform built on 15 years of operating Kraken, one of the world's largest crypto platforms.
