Nasdaq has invested $100 million in Payward, the parent company of Kraken, at a $21 billion valuation.
The investment expands a strategic partnership to bring tokenized, voting-enabled equities to crypto exchange users.
Nasdaq invests $100 million in Kraken parent Payward at $21 billion valuation
Nasdaq's $100 million investment in Payward values the Kraken parent at $21 billion and expands a strategic partnership.
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Marcus Webb · Crypto Desk · 20 Sept 2026 · 04:33 · 1 min read
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Marcus Webb
Crypto Desk
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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