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Nasdaq to invest $100 million in Kraken parent to deepen tokenization push

In a significant move, Nasdaq is set to invest $100 million in Payward, the parent corporation of Kraken. This collaboration aims to create a robust infrastructure for the trading of tokenized equities. Scheduled for a debut in 2027, the Nasdaq Equity Tokens will operate beyond traditional market hours, targeting the growing demand for blockchain-driven investment opportunities.

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Economic TimesLean R·1h ago
Nasdaq to invest $100 million in Kraken parent to deepen tokenization push
In a significant move, Nasdaq is set to invest $100 million in Payward, the parent corporation of Kraken. This collaboration aims to create a robust infrastructure for the trading of tokenized equities. Scheduled for a debut in 2027, the Nasdaq Equity Tokens will operate beyond traditional market hours, targeting the growing demand for blockchain-driven investment opportunities.
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Nasdaq to invest $100 million in Kraken parent to deepen tokenization push

How 1 sources are covering this