During the TOKEN2049 event in Singapore, executives from MEXC and Payward, the parent company of Kraken, discussed the integration of cryptocurrency and traditional finance. MEXC CEO Vugar Usi Zade and Payward Co-CEO Arjun Sethi identified the shift toward continuous, 24/7 global markets as a primary trend for the industry.
The speakers emphasized that future financial platforms will likely move toward a unified model where various asset classes are accessible through a single interface. According to Vugar Usi Zade, retail demand will serve as the main driver for this convergence over the next five years, as users increasingly expect seamless access to diverse investment opportunities.
Both companies highlighted the necessity of collaboration over competition to scale global trading infrastructure. Arjun Sethi noted that serving a larger user base requires partnerships that leverage the specific strengths of different platforms. He specifically cited MEXC as a partner that helps address core market needs.
MEXC brings a retail-focused strategy, high liquidity, and experience in perpetual markets to the partnership. In turn, Payward contributes its global financial infrastructure and professional trading capabilities, particularly within the United States market. The companies are currently exploring broader cooperation in distribution and market access.
Founded in 2018, MEXC operates in over 170 markets, offering access to cryptocurrencies, stocks, and tokenized assets. The platform currently maintains a zero-fee trading model. The executives concluded that transparency, trust, and improved connectivity are the essential foundations for the future evolution of integrated financial systems.
