VENDOR · US
Nasdaq Ventures invests $100 million in Payward to advance tokenized equities
Nasdaq Ventures committed $100M to Payward (Kraken parent) as part of expanded partnership on tokenized stock infrastructure. Extends Nasdaq's infrastructure play into digital assets and decentralized settlement.
WHY IT MATTERS
Tier-1 exchange backing blockchain-native settlement; signals institutional readiness to parallel legacy clearing with token rails. Competitive pressure on other exchanges to follow.
Source: PYMNTS · 2026-09-11