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Nasdaq Just Bet $100M on Kraken Bringing Stock Trading to the Blockchain

CoinCentral·September 10, 2026·1 min read
Nasdaq Just Bet $100M on Kraken Bringing Stock Trading to the Blockchain

Nasdaq invested $100 million in Payward, parent of crypto exchange Kraken, valuing it at $21 billion. The deal will let Kraken distribute tokenized Nasdaq-listed stocks and adopt Nasdaq's surveillance technology. The investment follows a prior $100M round and aims to merge crypto and traditional trading.

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