Nasdaq Invests $100 Million in Kraken Parent Payward to Accelerate Tokenized Stock Push

Nasdaq Ventures has agreed to invest $100 million in Payward , the parent company of Kraken , Nasdaq said in a Thursday (Sept. The investment of part of a broader expansion of the partnership between Nasdaq and Payward that will also see the companies continue to advance their work on the Nasdaq Equity Token (NET) framework and adopt a new market surveillance agreement, according to the release. The investment will support the continued evolution of tokenized market infrastru