SoFi's SOFID stablecoin now live on Kraken
SoFi's stablecoin SOFID is now live on Kraken, following the Payward–SoFi partnership. Kraken Prime serves as the execution venue, using its smart order routing to fill orders wherever best price and depth are available across supported venues.
- Users can now hold, buy, and sell SOFID directly in their Kraken account
- Tied to the earlier SoFiUSD rollout bringing banking and crypto markets together
Sources
- RT @krakenlistings: Now live: $SOFID $SOFID (@SoFi) is where banking standards meet crypto flexibility. The first payment stablecoin issue…x.com ↗
- RT @KrakenPrimeHQ: We’re proud to partner with @SoFi to connect banking and crypto markets Kraken Prime is now the execution venue for SoF…x.com ↗
- SoFiUSD is coming to Kraken. Soon you'll hold, buy & sell SoFiUSD right in your Kraken account, through @Payward's partnership with @SoFi. SoFi members get better prices, with @KrakenPrimeHQ pulling liquidity from across the market. Full details: https://t.co/Mue5nJ4Ryj https://t.co/He53EzjrWdx.com ↗
- Kraken Prime and the SoFi collaboration: what best execution looks like at scaleblog.kraken.com ↗
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