Nasdaq commits $100 million to Payward, Kraken’s parent, at a $21 billion valuation
Nasdaq, the world’s leading operator of stock exchanges and a pioneer in market technology, has announced a substantial financial commitment to Payward, the corporate entity that owns the Kraken cryptocurrency exchange. The deal involves a cash infusion of $100 million and places Payward’s overall valuation at roughly $21 billion. While the headline figure underscores the size of the transaction,…
Sept. 10, 2026, 11:21 a.m.