Nasdaq Ventures Invests $100 Million in Payward to Expand Tokenized Equities and Market Infrastructure Partnership

Nasdaq has deepened its partnership with Payward, the parent company of Kraken, through a $100 million investment from Nasdaq Ventures. The collaboration aims to advance tokenized equities and always-on market infrastructure, with a focus on global distribution, trading, and post-trade functions for tokenized equities. Payward will also integrate Nasdaq's surveillance technology across its trading venues.