Nasdaq commits $100 million to Payward, Kraken’s parent, valuing it at $21 billion
Nasdaq, the world‑renowned stock‑exchange operator, announced a substantial financial commitment to Payward, the corporate entity that owns the Kraken cryptocurrency exchange. The U.S. market‑infrastructure giant will inject $100 million into Payward, a move that pushes the valuation of the crypto‑focused firm to an estimated $21 billion. While the headline figure of a nine‑figure investment capt…
Sept. 10, 2026, 11:21 a.m.