Nasdaq Commits $100 Million to Payward, Parent of Kraken, Valuing It at $21 Billion
Nasdaq, the world‑renowned stock market operator and technology provider, has announced a substantial investment of $100 million into Payward, the corporate entity that owns the prominent cryptocurrency exchange Kraken. This infusion of capital brings Payward’s overall valuation to an impressive $21 billion, underscoring the growing convergence between traditional financial markets and the rapidl…
Sept. 10, 2026, 11:21 a.m.