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Nasdaq Invests $100 Million in Kraken Parent Payward at $21 Billion Valuation

Nasdaq is investing $100 million in Payward, the parent of crypto exchange Kraken, through its venture arm, valuing the company at $21 billion, according to Bloomberg via Wu Blockchain. The capital injection deepens a March strategic partnership aimed at tokenized-equities trading, settlement, and custody infrastructure.

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Editor
Sep 10, 2026 · 1d ago
1 min read9 views
Nasdaq Invests $100 Million in Kraken Parent Payward at $21 Billion Valuation

Nasdaq is investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, through its venture investment arm, valuing Payward at $21 billion. That is Wu Blockchain (Telegram stamp 2026-09-10T10:58:49Z / ~16:28 IST), citing Bloomberg and people familiar with the matter.

The capital injection deepens a strategic partnership the two firms established in March, Wu stamps.

What the partnership targets

Per Wu’s Bloomberg read-through, the collaboration aims to accelerate the buildout of next-generation market infrastructure designed to support the trading, settlement, and custody of tokenized equities.

This is the investment stamp — $100 million at a $21 billion valuation — distinct from March partnership-only coverage.

Informational only. Not trading advice, signals, or a guarantee of any market outcome.

Written and fact-checked with AI assistance, reviewed by a human editor before publication.

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