Nasdaq Invests $100 Million in Kraken Parent Company Payward
Nasdaq (Nasdaq Inc.) has invested $100 million into Payward, the parent company of Kraken, through its venture capital arm. The investment values the cryptocurrency firm at $21 billion and strengthens the partnership between the two companies as Nasdaq develops infrastructure for tokenized stock trading.
Summaries are written by AI from the original article. Not investment advice.