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Nasdaq to invest $100 million in Kraken parent to deepen tokenization push

Source: reuters.com

Crypto & Digital AssetsPrivate Markets & VentureFintechTechnology & Innovation
Nasdaq to invest $100 million in Kraken parent to deepen tokenization push

Nasdaq's venture arm agreed to invest $100 million in Payward, the parent of crypto exchange Kraken. The investment deepens their partnership to develop trading infrastructure for tokenized equities, signaling institutional support for integrating digital-asset technology with securities-market infrastructure.

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