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      Nasdaq to Invest $100 Million in Kraken's Parent Company Payward

      Nasdaq has announced plans to invest $100 million in Payward, the parent company of the cryptocurrency exchange Kraken, at a valuation of $21 billion. This investment will be made through Nasdaq's venture capital department and aims to enhance the infrastructure for stock tokenization trading.

      The investment marks a significant step in the ongoing partnership between Nasdaq and Payward, which was initially established in March 2026. This collaboration is expected to further integrate traditional financial markets with the growing cryptocurrency sector, reflecting Nasdaq's commitment to innovation in trading technologies.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud