Payward, Inc. (Kraken)

Kraken Hot Wallet · Regulated exchange or VASP · kraken · public attribution

Minimal counterparty Well-supervised counterparty with no material findings.

Payward, Inc. (Kraken) scores 1.2 of 10 (minimal risk) as a counterparty, driven mainly by jurisdictional risk (36.7% of the score). It is licensed in United States, authorised by United States financial supervisory authority, and applies strict identity checks. Operational footprint covers United States, United Kingdom, Unattributed.

Due-diligence pillars

Four pillars are scored 0-10 and combined with fixed weights (licensing 35%, jurisdiction 25%, kyc_aml 30%, operational 10%). The result is on the same 0-10 scale as a wallet score so the two can be compared, but it measures the counterparty's controls, not its transaction history.

Registration and licensing weight 35% 0.5 of 10 · 14.3% of score

Licensed by United States financial supervisory authority. (+1.0)
The authorisation is verifiable against a strong supervisor's public register. (-0.5)

Jurisdictional risk weight 25% 1.8 of 10 · 36.7% of score

Incorporated in United States, which carries a jurisdiction risk of 1 of 10 in this model. (+1.0)
Operates from Unattributed, a higher-risk jurisdiction than the one it is incorporated in. Where a service actually operates matters as much as where it is registered. (+0.8)

KYC and AML rigour weight 30% 1.0 of 10 · 24.5% of score

Identity is verified before any withdrawal, with enhanced due diligence on higher-risk customers. (+1.0)

Operational integrity weight 10% 3.0 of 10 · 24.5% of score

Holds customer funds, so it is the party a Travel Rule request or a freeze order is served on. (0.0)
Only 1 address(es) are attributed to this entity, so its on-chain behaviour is barely observable and exposure to it may be under-counted. (+1.0)

Registration

Status	licensed
Regulator	United States financial supervisory authority
Evidence	verified
Reference	US-2DFB1E84
MiCA	transitional

Jurisdiction

Incorporated in	United States (US)
Operational hubs	US, GB, IE
FATF grey list	no
Offshore secrecy	no

KYC and AML

KYC rigour	strict
Withdrawal KYC threshold	$0
Transaction monitoring	mature
Travel Rule	ready
Sanctions screening	yes
Source-of-funds checks	yes

Operational integrity

Custody model	custodial
Founded	2011
Chains	ETH
Clustered addresses	1

The regulatory file is seeded, not sourced from a register. Licence references and dates are fabricated for demonstration and must never be relied on for a real onboarding decision.