Nasdaq Commits $100 Million to Payward, the Parent 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 exchange Kraken. The deal involves an infusion of $100 million in capital and places Payward’s overall valuation at an impressive $21 billion. While the headline figures are striking on their own, the broad…
Sept. 10, 2026, 11:21 a.m.