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Nasdaq: Nasdaq to invest $100 million in Kraken parent to deepen tokenisation push - The Economic Times
In a groundbreaking move, Nasdaq is set to invest one hundred million dollars in Payward, the parent company of Kraken. This strategic partnership focuses on developing a robust infrastructure to facilitate the trading of tokenised equities. Scheduled for launch in 2027, Nasdaq Equity Tokens will enable trading and settlement beyond traditional market hours, aiming to engage investors interested in blockchain assets.
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cryptobriefing.com
Nasdaq invests $100 million in Kraken parent Payward at $21 billion valuation: Report
Nasdaq and Payward partnered on tokenized equity infrastructure, not a $100M equity deal. Here's what the arrangement actually involves and what
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coindesk.com
Nasdaq backs Kraken parent Payward with $100 million investment to expand tokenized stocks
The deal will allow crypto traders to purchase tokenized shares of publicly traded companies while retaining standard shareholder voting rights.
