Nasdaq Invests $100 Million in Kraken Parent Payward

Nasdaq stepped up its crypto involvement on Thursday by investing $100 million into Payward, the parent company behind major digital asset exchange Kraken. This funding deal builds on a tokenized equities partnership the two companies started back in March.

Alongside the funding, the agreement includes a new market surveillance partnership. Payward will install Nasdaq monitoring technology directly inside its trading venues to boost security and market integrity.

This move shows traditional financial giants continuing to deepen their ties with established crypto infrastructure. Traders should watch for how this surveillance tech rollout impacts trading operations on Kraken in the coming months.