Nasdaq Invests $100M in Kraken Parent Payward at $21B Valuation

{
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  "signal_type": "news",
  "signal_subtype": "partners_with",
  "detected_at": "2026-10-06T13:16:15+00:00",
  "company": {
    "name": "Nasdaq",
    "domain": "nasdaq.com"
  },
  "data": {
    "url": "https://coinmarketcap.com/academy/article/nasdaq-invests-100m-kraken-parent-payward-21b-valuation",
    "title": "Nasdaq Invests $100M in Kraken Parent Payward at $21B Valuation - CoinMarketCap",
    "excerpt": "Nasdaq's venture arm has agreed to invest $100 million in Payward, the parent company of cryptocurrency exchange Kraken, the companies announced Sept. 10. Payward will also adopt Nasdaq's market surveillance technology across all of its trading venues, covering crypto, equities, tokenized equities, futures, and options. The two companies are advancing Nasdaq Equity Tokens (NETs), with a planned launch in Q2 2027. Payward's co-CEO Arjun Sethi said on-chain settlement removes the waiting period associated with traditional stock trade clearing, and described the next phase as putting tokenized Nasdaq equities on rails that do not close, with shareholder rights intact. Related Article: Tokenized Pokemon Cards Beat Bitcoin in 2026 - Here's Why The Nasdaq investment is the third time in 2026 that an established exchange operator has taken a stake in a crypto exchange. In March, Intercontinental Exchange, which owns the New York Stock Exchange, invested in OKX at a $25 billion valuation, taking a board seat and agreeing to open NYSE tokenized equity markets to OKX's 120 million users. In April, Deutsche Börse invested $200 million in Payward, acquiring a 1.5% fully diluted stake. Payward's valuation has shifted considerably across these transactions. The company raised $800 million at a $20 billion valuation in November 2025 and used the same figure when it agreed to acquire...",
    "summary": "Nasdaq and Payward are partnering to advance Nasdaq Equity Tokens (NETs), targeting a launch in Q2 2027.",
    "planning": true,
    "image_url": "https://academy-public.coinmarketcap.com/optimized-uploads/0f6f44dfadf8463ba3208dd0eda79183.jpg",
    "confidence": 0.85,
    "published_at": "2026-10-06T13:16:15Z",
    "article_sentence": "The two companies are advancing Nasdaq Equity Tokens (NETs), with a planned launch in Q2 2027.",
    "related_company_name": "Payward",
    "related_company_domain": "kraken.com"
  }
}

curl https://signals.autobound.ai/v1/signals/41cb3269-d872-2ade-2506-252aba6e1c07 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"nasdaq.com","limit":20}'