Nasdaq Drops $100M on Kraken Parent in Tokenized Stock Power Play

Nasdaq Ventures has agreed to invest $100 million in Payward, the parent company of Kraken. This investment strengthens a partnership established in March, focusing on the development of infrastructure for tokenization. The collaboration aims to move traditional stocks onto blockchain networks and create markets capable of operating beyond conventional trading hours. According to reports from Bloomberg and Bitcoin Magazine, this strategic financial backing will accelerate the integration of traditional finance with blockchain technology and tokenized assets.