Nasdaq Commits $100 Million to Payward, Owner of Kraken, Valuing the Firm at $21 Billion
Nasdaq, the world‑renowned operator of the United States’ premier stock exchange, has announced a substantial financial commitment to Payward, the corporate entity that owns the cryptocurrency trading platform Kraken. The deal involves a direct cash infusion of $100 million and places a valuation on Payward at an impressive $21 billion. While the monetary figure alone is noteworthy, the broader s…
Sept. 10, 2026, 11:21 a.m.