Nasdaq Invests $100M in Kraken to Pioneer Blockchain-Based Stock Trading
Blockonomi · Published Sep 10, 2026, 10:43 AM EDT
Article Summary
In a major move signaling Wall Street's embrace of blockchain technology, Nasdaq announced Thursday it has committed $100 million to Payward, the entity behind cryptocurrency exchange Kraken. The transaction establishes Payward's market capitalization at $21 billion.
This article appears to be broader market context rather than a single-asset story.
What Happened
In a major move signaling Wall Street's embrace of blockchain technology, Nasdaq announced Thursday it has committed $100 million to Payward, the entity behind cryptocurrency exchange Kraken. The transaction establishes Payward's market capitalization at $21 billion.
Why It Matters
It may matter as broader market context rather than a single-asset catalyst. CoqiLabs groups this article under Institutional to help readers understand the related market theme.
Market Context
Published by Blockonomi. Category: Institutional. Published Sep 10, 2026, 10:43 AM EDT.
This article appears to be broader market context rather than a single-asset story.
Sentiment Read
Market tone for this article appears positive. This article is shown for market context only and is not financial advice.
Original Publisher
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