Nasdaq Ventures to Invest $100M in Kraken Parent Payward at $21B Valuation
Kraken will also adopt Nasdaq’s market surveillance technology across its trading venues. Nasdaq (NDAQ) has agreed to invest $100 million in Payward, the parent company of Kraken, through its venture arm. The investment deepens a partnership to build, distribute and trade tokenized stocks, targeting a second-quarter 2027 launch for the tokens. The investment values…
