Nasdaq Puts $100M Into Kraken Parent for 2027 Equity Tokens
Covered by 2 sources · 2 articles
Nasdaq Ventures committed $100 million to Payward, Kraken's parent company, under a deal finalized September 10, 2026. The investment supports a joint initiative to issue tokenized versions of traditional equities on blockchain infrastructure, enabling continuous trading outside standard market hours. As part of the arrangement, Nasdaq surveillance systems will be integrated across Payward's trading venues, extending the exchange's market-monitoring capabilities to crypto-native platforms.
The partnership represents a significant step toward bridging traditional equity markets with blockchain rails, creating infrastructure for round-the-clock asset trading while maintaining regulatory oversight from an established exchange operator.
- Nasdaq Ventures' nine-figure backing signals institutional confidence in tokenized equity markets and Payward's role as a distribution channel.
- The surveillance integration establishes precedent for major exchange compliance standards applying to blockchain-based trading venues.
- The always-on market structure targets a core advantage of blockchain - elimination of trading halts and time-zone constraints on traditional equities.
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Nasdaq Drops $100M on Kraken Parent in Tokenized Stock Power Play
Nasdaq Ventures has agreed to invest $100 million in Kraken parent Payward as the companies deepen a partnership designed to move traditional stocks onto blockchain networks and build markets that can operate beyond conventional trading hou…
Nasdaq Puts $100M Into Kraken Parent for 2027 Equity Tokens
Nasdaq Ventures agreed on September 10, 2026, to invest $100 million in Payward, the parent company of Kraken. The deal pushes Nasdaq Equity Tokens onto always-on blockchain rails. It also adds Nasdaq surveillance across Payward's trading v…