Nasdaq to invest $100M in Kraken parent Payward, targets 2027 token launch

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Go back to Nasdaq to invest $100M in Kraken parent Payward, targets 2027 token launch

Nasdaq Deepens Relationship with Payward to Advance Tokenized Equities and Always-On Infrastructure

September 10, 2026 7:00 AM EDT

Nasdaq Ventures announces agreement to invest $100 million in Payward, the parent company of Kraken Companies advance collaboration on Nasdaq Equity Tokens (NETs) and announce new market surveillance agreement

NEW YORK, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced an expansion of its relationship with Payward, the parent company of Kraken, including an agreement by Nasdaq Ventures to invest $100 million, the continued advancement of the companies' work on the Nasdaq Equity Token (NET) framework, and a new market surveillance agreement.

Through Nasdaq Ventures,... More