Nasdaq invests $100 million in Kraken parent company for tokenized stock initiative
Nasdaq Ventures has invested $100 million in Payward, the parent company of Kraken (Kraken). The partnership aims to develop Nasdaq Equity Tokens (NETs) and 24-hour market infrastructure, with a projected launch as early as the second quarter of 2027.
Summaries are written by AI from the original article. Not investment advice.