Nasdaq Drops $100M on Kraken Parent in Tokenized Stock Power Play
Nasdaq Ventures has agreed to invest $100 million in Kraken parent Payward as the companies deepen a partnership designed to move traditional stocks onto blockchain networks and build markets that can operate beyond conventional trading hours. The investment, announced Sept. 10, adds financial backing to a relationship Nasdaq and Payward established in March. Bloomberg, citing […]
Key Takeaways
- Nasdaq Ventures has agreed to invest $100 million in Kraken parent Payward as the companies deepen a partnership designed to move traditional stocks onto blockchain networks and build markets that can operate beyond conventional trading hours.
- The investment, announced Sept.
- 10, adds financial backing to a relationship Nasdaq and Payward established in March.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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