Nasdaq Just Put $100M Into Kraken: Is Tokenized Stock Trading About to Go Mainstream?

Nasdaq is putting serious capital behind tokenized markets. On September 10, Nasdaq Ventures committed $100 million in Payward — Kraken’s holding company — to partner in the launch of tokenized equities and infrastructure solutions with the cryptocurrency exchange Kraken.

Nasdaq Just Put $100M Into Kraken. What Is It Really Buying? The Nasdaq Kraken $100 million agreement aligned both companies to connect regulated capital markets with blockchain networks.

This investment comes after the announcement of a partnership in March and Nasdaq’s launch of Digital Liquidity Networks in August, a business to combine liquidity, tokenization and financial infrastructure as traditional and digital markets converge.

Read More: Crypto vs Oil Shock: Can Bitcoin Still Act as a Risk Asset When Brent Tops $100?