
Nasdaq Invests $100M in Kraken Parent Payward at $21B Valuation
Deutsche Börse's April stake implied a $13.3 billion valuation. Five months on, Nasdaq is paying at $21 billion.

Deutsche Börse's April stake implied a $13.3 billion valuation. Five months on, Nasdaq is paying at $21 billion.

Nasdaq is putting $100 million into Kraken parent Payward at a $21 billion valuation to build tokenized stock rails.

The Nasdaq-Payward partnership could accelerate the integration of traditional finance with blockchain, potentially reshaping global equity markets.

The integration enhances crypto market efficiency, potentially reshaping financial services by bridging traditional banking and digital assets.

SoFi and Payward partnered to connect 24/7 dollar settlement with Kraken trading, while bringing SoFiUSD to the crypto exchange.

The deal will bring SoFiUSD to Kraken, connect Payward to SoFi’s 24/7 dollar settlement network and give SoFi access to digital asset liquidity through Kraken Prime.

On Thursday, SoFi Technologies, Inc. and Payward, the parent company of Kraken, announced a partnership aimed at enhancing digital asset payments, liquidity, and enhanced banking experiences. The new deal will allow Kraken to tap into SoFi’s banking network in order to move money faster. SoFi Opens Its Banking Network as Kraken Adds SoFiUSD SoFi explained, […]

SoFi Technologies partnered with Payward to connect its banking settlement network with Kraken's digital-asset infrastructure.

Payward, the parent company of crypto exchange Kraken, again pushed back its planned initial public offering (IPO) to the second quarter of 2027 at the earliest, according to the CoinDesk report. The latest timeline extends the delay that began earlier this year, when Payward put its IPO plans on hold

Kraken parent Payward has postponed its planned initial public offering until as early as the second quarter of 2027 after market conditions disrupted its previous listing schedule. Kraken IPO timeline moves into 2027 As per reports on Wednesday, citing two…

Payward's IPO delay underscores the volatility and structural challenges in the crypto market, impacting investor confidence and future listings.


The London Stock Exchange and Payward are working to bring tokenized versions of major U.K.-listed shares onchain. The partnership could eventually connect regulated market infrastructure with 24-hour blockchain-based trading and settlement. LSE and Payward Prepare 100 UK xStocks for Investors in 110+ Countries Payward, the company behind the xStocks tokenized equities framework, has partnered with […]
Payward will tokenize London's top 100 stocks as xStocks for investors in 110 countries. UK residents cannot access them.

Hyperliquid's potential U.S. entry could signal increased regulatory acceptance, boosting market credibility and influencing future crypto regulations.
C1 Fund Inc. discloses Ripple Labs equity as its top holding at 17.5% of net assets, ahead of Kraken parent Payward.

Tokenizing UK stocks could democratize global access to major equities, blending blockchain innovation with traditional market structures.

Payward will tokenize 100 London-listed stocks as xStocks, with LSE 24 to support trading, subject to regulatory approval.

The London Stock Exchange has partnered with Kraken parent Payward to bring shares of the 100 largest London-listed companies onto the xStocks tokenization framework, opening the door for the products to eventually trade through the exchange’s planned 24-hour venue. Payward…