Nasdaq invests $100 million in Payward to enhance crypto offerings
- Nasdaq has invested $100 million in Payward, the parent company of Kraken.
- This investment values Payward at $21 billion.
- The partnership aims to introduce tokenized, voting-enabled equities for crypto exchange users.
- The collaboration reflects Nasdaq’s commitment to expanding its presence in the cryptocurrency sector.
This investment is part of a broader strategy by Nasdaq to integrate more digital assets into traditional finance systems, focusing on enhancing user engagement through innovative equity solutions.
With a valuation of $21 billion following this funding round, Payward is positioned to significantly impact the crypto exchange landscape through its upcoming offerings.
