Nasdaq Commits $100 Million to Payward, 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 trading platform Kraken. The investment amounts to $100 million and places Payward at a post‑money valuation of roughly $21 billion. While the headline figure is striking, the true significance of the deal …
Sept. 10, 2026, 11:21 a.m.