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Nasdaq invests $100M in Kraken for tokenized stocks

By Stocks Desk · 2026-09-11 · Updated 2026-09-11 07:22 UTC
A digital blockchain network connecting abstract geometric blocks
Illustration: Tradingbird

Nasdaq has committed $100 million to Kraken's parent company, Payward, to build infrastructure for tokenized equities. The partnership, detailed by GN stocks/nasdaq, aims to launch blockchain-based stock replicas by Q2 2027 and integrate Nasdaq's surveillance tools into Kraken's expanding multi-asset trading venues.

  • According to GN stocks/nasdaq, Nasdaq and Payward have set a target for the second quarter of 2027 to launch Nasdaq Equity Tokens, which are blockchain-based replicas of publicly traded stocks. Additionally, Payward will integrate Nasdaq's market-surveillance technology across its crypto and tokenized equity trading platforms as part of its broader shift toward multi-asset services.

    Source: GN stocks/nasdaq

  • Nasdaq has committed $100 million to Payward, the parent company of Kraken, to accelerate the development of tokenized equities and the necessary market infrastructure.

    Source: GN stocks/nasdaq
Based on reporting by GN stocks/nasdaq and GN stocks/nasdaq, compiled by the Tradingbird desk.

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