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Nasdaq announced its Ventures arm agreed to invest $100 million in Payward, the parent company of Kraken. As part of an expanded partnership, Payward will adopt Nasdaq’s market surveillance technology while the firms bolster work on tokenized equities and market infrastructure.
By Freddy SebastianNasdaq said it would invest $100 million in Payward, the parent company of crypto exchange Kraken, to build out infrastructure that will help capital and assets move across the financial system efficiently with durable liquidity.Under the expanded partnership, both companies will…