Nasdaq Plans $100 Million Investment in Kraken Parent Payward at $21 Billion Valuation
Nasdaq is set to invest $100 million into Payward, the parent company of Kraken, through its venture capital arm. The investment, which values Payward at $21 billion, aims to support the development of infrastructure for tokenized stock trading and expands the partnership established in March.
Summaries are written by AI from the original article. Not investment advice.