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