Nasdaq invests $100 million in Kraken parent Payward
Nasdaq’s venture capital arm is investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken. The firms plan to expand their partnership to develop tokenized equities, launching products in Q2 2027.
Nasdaq’s venture capital arm is investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, as the firms widen their partnership to develop tokenized equities. The products are planned for launch in the second quarter of 2027, with the collaboration aimed at building infrastructure around the offering.