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Nasdaq to invest $100 million in Kraken parent to deepen tokenization push

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Core Development: Nasdaq to invest $100 million in Kraken parent to deepen tokenization push
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Market & Financial Impact: In a significant move, Nasdaq is set to invest $100 million in Payward, the parent corporation of Kraken. This collaboration aims to create a robust infrastructure for the trading of tokenized equities. Scheduled for a debut in 2027, the Nasdaq Equity Tokens will operate beyond traditional market hours, targeting the growing demand for blockchain-driven investment opportunities.
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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Economic Times ↗
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