{
  "id": 6577495,
  "title": "Nasdaq Ventures to invest $100m in Kraken parent company Payward",
  "url": "https://urgent.news/2026/09/10/nasdaq-ventures-to-invest-100m-in-kraken-parent-company-payward",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-10T11:04:36.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/nasdaq-ventures-to-invest-100m-in-kraken-parent-company-payward-93CH-4895543"
  },
  "original_language": "en",
  "account": "New York, 28th August - Nasdaq has announced an expanded partnership with Payward, the parent company of Kraken, which includes a $100 million investment through Nasdaq Ventures. The agreement is aimed at developing tokenized market infrastructure and enhancing global capital market capabilities. The collaboration will focus on the Nasdaq Equity Token framework and will see the launch of Nasdaq Equity Tokens in the second quarter of 2027. Tal Cohen, President of Nasdaq, stated that the next era of market evolution will be characterized by efficient and seamless movement of capital and assets with durable liquidity. The companies plan to advance global distribution, trading, and post-trade capabilities for tokenized equities through this partnership. Payward's Co-CEO, Arjun Sethi, revealed that more than $2 trillion of stock trades occur daily in the U.S. clearing system, and onchain settlement has already cut the settlement time from two days to one in 2024, releasing $3 billion. Payward will integrate Nasdaq’s surveillance technology across its various trading platforms, including crypto, equities, tokenized equities, futures, and options, to ensure market integrity. Wells Fargo acted as Nasdaq's exclusive capital markets advisor on the transaction.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
        "outlet": "Arabian Post",
        "title": "Nasdaq commits $100 million to Kraken parent Payward",
        "url": "https://urgent.news/2026/09/10/nasdaq-commits-100-million-to-kraken-parent-payward",
        "published": "2026-09-10T11:18:13.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Sources: Nasdaq is investing $100M in Kraken parent Payward, valuing the cryptocurrency exchange at $21B; Kraken will distribute Nasdaq's tokenized stocks (Katherine Doherty/Bloomberg)",
        "url": "https://urgent.news/2026/09/10/sources-nasdaq-is-investing-100m-in-kraken-parent-payward-valuing-the",
        "published": "2026-09-10T11:25:01.000Z"
      },
      {
        "outlet": "Decrypt",
        "title": "Nasdaq Invests $100M in Kraken Parent Payward at $21B Valuation",
        "url": "https://urgent.news/2026/09/10/nasdaq-invests-100m-in-kraken-parent-payward-at-21b-valuation",
        "published": "2026-09-10T11:28:55.000Z"
      },
      {
        "outlet": "Cointelegraph",
        "title": "Nasdaq invests $100M in Kraken parent at $21B valuation: Report",
        "url": "https://urgent.news/2026/09/10/nasdaq-invests-100m-in-kraken-parent-at-21b-valuation-report",
        "published": "2026-09-10T11:41:00.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Nasdaq to invest $100 million in Kraken parent to deepen tokenization push",
        "url": "https://urgent.news/2026/09/10/nasdaq-to-invest-100-million-in-kraken-parent-to-deepen-tokenization",
        "published": "2026-09-10T11:48:14.000Z"
      },
      {
        "outlet": "CNBC Technology",
        "title": "Nasdaq invests $100 million in Kraken parent, eyeing 2027 launch of 'tokenized' stock trading",
        "url": "https://urgent.news/2026/09/10/nasdaq-invests-100-million-in-kraken-parent-eyeing-2027-launch-of",
        "published": "2026-09-10T12:48:02.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "Nasdaq is investing $100 million in Kraken's parent to launch tokenized stocks",
        "url": "https://urgent.news/2026/09/10/nasdaq-is-investing-100-million-in-krakens-parent-to-launch-tokenized",
        "published": "2026-09-10T13:30:37.000Z"
      },
      {
        "outlet": "Yahoo Finance",
        "title": "Nasdaq Invests $100 Million In Kraken Parent Company",
        "url": "https://urgent.news/2026/09/10/nasdaq-invests-100-million-in-kraken-parent-company",
        "published": "2026-09-10T13:52:00.000Z"
      },
      {
        "outlet": "SiliconANGLE",
        "title": "Nasdaq invests $100M in Kraken parent company Payward to advance tokenized equities",
        "url": "https://urgent.news/2026/09/10/nasdaq-invests-100m-in-kraken-parent-company-payward-to-advance",
        "published": "2026-09-10T15:30:58.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}