Nasdaq Commits $100 Million to Payward, Parent of Kraken, Valuing It at $21 Billion
Nasdaq, the world‑renowned securities exchange operator, has announced a substantial financial commitment to Payward, the corporate entity that owns the prominent cryptocurrency exchange Kraken. The deal involves a direct investment of $100 million, which pushes Payward’s overall valuation to an impressive $21 billion. While the headline figure alone is striking, the broader significance of the t…
Sept. 10, 2026, 11:21 a.m.