Nasdaq invests $100M in Payward, parent of Kraken
- —Nasdaq Ventures invested $100 million in Payward, the parent company of Kraken
- —The launch of tokenized NET shares is scheduled for Q2 2027
- —Payward's xStocks: trading volume grew from $25 billion in March to $40 billion by September 2026
- —The number of xStocks holders rose from 85,000 to more than 200,000
Why it matters: Major exchanges and TradFi players are accelerating the shift of tokenized equities into the regulated space, which could reshape stock trading infrastructure.
Source: CoinDesk Japan