Nasdaq Ventures agreed to invest $100 million in Kraken parent Payward, expanding their tokenized equity infrastructure partnership.

Nasdaq and Payward partnered on tokenized equity infrastructure, not a $100M equity deal. Here's what the arrangement actually involves and what

The deal will allow crypto traders to purchase tokenized shares of publicly traded companies while retaining standard shareholder voting rights.

The deal between Kraken and Nasdaq will help build infrastructure for tokenization, according to a Bloomberg report.