{"id":32386,"date":"2026-09-10T18:37:07","date_gmt":"2026-09-10T17:37:07","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/09\/10\/nasdaq-invests-100-million-kraken-tokenized-stocks\/"},"modified":"2026-09-10T18:37:14","modified_gmt":"2026-09-10T17:37:14","slug":"nasdaq-invests-100-million-kraken-tokenized-stocks","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/nasdaq-invests-100-million-kraken-tokenized-stocks\/","title":{"rendered":"Nasdaq Invests $100 Million in Kraken: Traditional Finance Is Moving Into Crypto"},"content":{"rendered":"\n

Nasdaq<\/strong> is preparing to inject $100 million<\/strong> into Payward<\/strong>, the parent company of crypto exchange Kraken<\/strong>. The deal has yet to be officially announced, but its contours reveal a clear ambition: to accelerate the tokenization of publicly listed stocks<\/strong>.<\/p>\n\n\n\n

Behind that headline figure lies an investment thesis that goes well beyond a simple financial bet. Wall Street<\/strong> is no longer content to watch crypto from the sidelines \u2014 it is starting to buy into its infrastructure.<\/p>\n\n\n\n

This move is part of a deeper structural trend reshaping the boundaries between traditional finance<\/strong> and digital assets<\/strong>. And Kraken<\/strong> finds itself right at the center of it.<\/p>\n\n\n\n

A $21 Billion Deal: What Nasdaq Is Really After With Kraken<\/h2>\n\n\n\n

According to Bloomberg<\/strong>, citing sources close to the matter, the transaction values Payward<\/strong> at $21 billion<\/strong>. The stated objective: to allow Kraken<\/strong> to distribute tokenized stocks<\/strong> listed on the Nasdaq<\/strong> directly through its platform. Exchange users would be able to hold tokenized versions of US equities without going through a traditional broker.<\/p>\n\n\n\n

It is no coincidence that Nasdaq<\/strong> is choosing Kraken<\/a><\/strong> as its distribution vehicle. The exchange boasts a significant retail user base, a prime brokerage infrastructure through Kraken Prime<\/strong> \u2014 launched in 2025 \u2014 and a solid reputation for regulatory compliance<\/strong> among top-tier exchanges. For Nasdaq<\/strong>, this represents direct access to millions of crypto investors already comfortable with digital assets.<\/p>\n\n\n\n

The tokenization of financial assets<\/strong> is no longer an experimental concept. Back in January, the New York Stock Exchange<\/strong> also announced the development of a platform enabling users to buy and sell tokenized versions of US stocks and ETFs, with continuous on-chain settlement running 24\/7<\/strong>. The Nasdaq-Kraken<\/strong> deal follows that same logic of accelerated convergence.<\/p>\n\n\n\n

Kraken Is Building a Hybrid Financial Empire \u2014 and It Is Accelerating<\/h2>\n\n\n\n

This partnership with Nasdaq<\/strong> does not stand alone. Last week, Payward<\/strong> and fintech firm SoFi Technologies<\/strong> announced an agreement to route SoFi<\/strong> customers’ crypto<\/a> orders through Kraken Prime<\/strong>, while also listing SoFi<\/strong>‘s stablecoin on the exchange. A dual integration that positions Kraken<\/strong> as the infrastructure of choice for fintech players seeking digital asset exposure without building their own systems from scratch.<\/p>\n\n\n\n

Kraken<\/strong> is making its ambitions crystal clear: to become the primary account for everything<\/em> \u2014 crypto, equities, bonds. The exchange has already opened access to stock trading<\/a> and other traditional assets within its app, deliberately blurring the line between crypto exchange and conventional broker. The strategy echoes that of Robinhood<\/strong>, but with a far more robust institutional infrastructure operating in the background.<\/p>\n\n\n\n

For crypto investors, the signal is unambiguous: the world’s major stock exchanges no longer see decentralized exchanges or DeFi protocols as their only counterparts in the digital asset space. Regulated centralized exchanges like Kraken are becoming top-tier strategic partners<\/strong>, capable of bridging crypto liquidity with traditional financial markets. It is a role that Kraken<\/strong> appears determined to own outright.<\/p>\n\n\n\n

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