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Kraken Parent Payward Joins US Tech Force Initiative to Advance Crypto Security and Blockchain in Federal Tech Upgrades

Reported by Crowdfundinsider
Jun 9, 2026· 3 min read
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Key Takeaways
  • • Payward, the parent company of crypto exchange Kraken, has joined the White House-backed U.S. Tech Force initiative, a cross-government program designed to recruit top technologists to modernize federal infrastructure and advance AI leadership.
  • • The U.S. Tech Force, launched by the Trump administration and administered by the Office of Personnel Management (OPM) in coordination with OMB, GSA, and OSTP, aims to hire 1,000 technical fellows annually to address critical federal talent gaps in engineering, data science, and technology leadership.
  • • Payward's participation aligns with the administration's stated policy to support responsible growth of digital assets and blockchain technology, signaling institutional acceptance of crypto infrastructure within federal modernization efforts.
  • • The initiative includes collaboration with leading private-sector technology companies, which will provide world-class technical training and senior managers sourced directly from industry to work on federal technology challenges.
  • • Payward's involvement represents a strategic positioning of the Kraken ecosystem within federal technology infrastructure discussions, occurring alongside the company's earlier application for an OCC national trust company charter.
Summary
Payward, the parent company of major U.S. crypto exchange Kraken, has joined the U.S. Tech Force, a newly established federal hiring initiative backed by the White House to recruit elite technical talent for government modernization. The program, administered by the Office of Personnel Management (OPM) in coordination with the Office of Management and Budget (OMB), the General Services Administration (GSA), and the White House Office of Science Technology and Policy (OSTP), represents a cross-government effort to address critical talent gaps in technology infrastructure.

The U.S. Tech Force, launched as part of President Trump's broader AI Action Plan and vision for American technology leadership, aims to surge teams of engineers, data scientists, and technology leaders to tackle complex federal challenges. According to OPM Director Scott Kupor, the program targets the recruitment of 1,000 fellows annually, beginning in 2026. The initiative emphasizes that while the federal government must lead in technology modernization and artificial intelligence, private-sector innovation partnerships are essential to achieving this mandate.

Payward's participation in the initiative aligns with the Trump administration's stated policy framework supporting "the responsible growth and use of digital assets, blockchain technology, and related technologies." This endorsement provides institutional legitimacy for crypto infrastructure within federal technology discussions and reflects broader regulatory acceptance of blockchain applications in government systems. The collaboration model positions participating companies like Payward to provide technical training and senior industry managers who will work alongside federal teams on priority projects.

Payward's involvement in the Tech Force initiative comes within the context of the company's broader regulatory positioning, including its earlier filing for an OCC national trust company charter and its strategic collaborations with traditional financial institutions. The participation underscores the integration of blockchain and digital asset infrastructure into mainstream federal technology modernization objectives, potentially signaling increased institutional adoption pathways for crypto-adjacent technologies in government operations and digital financial systems.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Crowdfundinsider Kraken Parent Payward Joins US Tech Force Initiative to Advance Crypto Security and Blockchain in Federal Tech Upgrades