Nasdaq to invest $100 million in Kraken parent Payward as firms expand partnership

60-second summary

Nasdaq Ventures invests $100 million in Kraken’s parent Payward, deepening their tokenized‑equity infrastructure partnership and enabling broader digital‑asset offerings. The capital infusion accelerates development of Nasdaq‑backed tokenization platforms, while Payward gains resources to scale Kraken’s compliance and custodial services. This collaboration signals heightened institutional confidence, likely boosting market liquidity and driving further mainstream adoption of tokenized securities.