Nasdaq invests $100 million in Kraken parent Payward at $21 billion valuation
AI Summary- Nasdaq invested $100 million in Payward, Kraken’s parent, to develop tokenized-stock infrastructure.
- $21 billion valuation accompanied Nasdaq Ventures’ investment, according to Bloomberg reporting cited by multiple outlets.
- NETs are currently expected to launch in the second quarter of 2027 under the March partnership.