Nasdaq Invests $100 Million in Kraken Parent; MoneyGram Launches Stablecoin Visa Card

Nasdaq Ventures is investing $100 million into Payward, the parent company of Kraken, to develop Nasdaq Equity Tokens (NETs) scheduled for a 2027 launch. Meanwhile, MoneyGram is introducing a stablecoin-backed debit card that allows users to spend USDC across the Visa merchant network, with plans to support its proprietary MGUSD stablecoin in the future.