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Payward, Inc. — trading since 2011.

Payward Europe Solutions Limited, trading as Kraken, is regulated by the Central Bank of Ireland. Payward Global Solutions Limited, trading as Kraken, is regulated by the Central Bank of Ireland. Registered office: 70 Sir John Rogerson's Quay, Dublin, D02 R296, Ireland.

Not available in the US or to US persons. IPO xStocks involve risk. Allocation not guaranteed. Geo restrictions apply.

Availability of margin trading services is subject to certain limitations and eligibility criteria. Trading using margin involves an element of risk and may not be suitable for everyone. Trading derivatives and other financial instruments, including leveraged financial instruments, involves significant risks and is not appropriate for all investors.

Geographic restrictions apply. Projected annual rate is an estimate based on the average staking rewards accrued over the past period, before commission, and is subject to change. Staking involves risks including no guarantee of rewards, potential loss from slashing or hacks, and depreciation in the value of assets while staked.

Kraken Equities is currently available in the U.S. only; may not be available in all states. Brokerage services are provided by Kraken Securities LLC, member FINRA/SIPC, a wholly owned subsidiary of Payward, Inc. This is not an offer, solicitation, inducement or advice to buy or sell securities, or open a brokerage account in any jurisdiction where Kraken Securities is not registered.

These materials are for general information purposes only and are not investment or financial product advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. The unpredictable nature of the crypto-asset markets can lead to loss of funds. Geographic restrictions may apply. Some crypto products and markets are unregulated.

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