NASDAQ TO INVEST $100M IN KRAKEN PARENT TO DEEPEN TOKENIZATION PUSH

Summary from the TLDR Fintech newsletter

Nasdaq's venture arm agreed to invest $100 million in Payward, Kraken's parent company, as part of a broader push to build regulated infrastructure for tokenized equities. The companies plan to launch Nasdaq Equity Tokens on Payward's xStocks platform in Q2 2027, aiming to let tokenized assets trade and settle outside traditional market hours while preserving shareholder rights, compliance, and market safeguards.