主要洞察：
- Kraken news: Nasdaq will invest $100 million in Payward, Kraken’s parent company, to expand infrastructure for tokenized equities.
- Nasdaq Equity Tokens (NETs) are expected to launch on Payward’s xStocks platform in Q2 2027, enabling trading and settlement beyond conventional market hours.
- The deal comes as Nasdaq expands its crypto footprint, including plans for 23-hour stock trading and a proposal for options tied to 比特币, ETH 作为其原生资产。">以太坊, Solana, and XRP ETFs.
Kraken news: On Sept. 10, 2026, Nasdaq announced that its venture arm is making a $100 million investment in Payward, the parent company of the cryptocurrency 交易所 Kraken. The official press release detailed that this serves as a strategic alliance aimed at building out infrastructure for 代币化股票.
Additionally, Nasdaq stated it will partner with Payward to advance the Nasdaq Equity Token (NET) framework while establishing a new market-surveillance agreement as part of the transaction.
Kraken news: Deepening Nasdaq-Payward Partnership
Nasdaq Ventures, which functions as the 交易所’s strategic investment division, frequently funds market-modernizing innovations.
This $100 million capital injection highlights Nasdaq’s dedication to asset 代币化. According to the 交易所’s official statement, the funds will drive collaborative development of NETs alongside Payward’s xStocks platform, with the target of rolling out these tokenized equities by the second quarter of 2027.
For individuals following Kraken news, this timeline points to mid-2027 as the likely window for tokenized equity trading to go live, effectively linking traditional equities with blockchain-based trading systems.
Arjun Sethi, co-CEO of Payward, remarked that this “next phase” of the collaboration will place NETs “onto rails that do not close, with shareholder rights intact.” Furthermore, the broadened partnership requires Payward to integrate Nasdaq’s market-surveillance technology across its various trading platforms.
Followers of Kraken news will also note that employing Nasdaq’s surveillance tools on Payward venues is intended to deliver oversight comparable to fully regulated traditional markets.
Nasdaq Advances Tokenized Stocks
Nasdaq pointed out that under the newly established infrastructure, tokenized assets will gain the capability to trade and settle outside of standard operating hours.
This initiative forms an integral part of Nasdaq’s broader roadmap to foster an “always-on” market framework. Both companies project the deployment of Nasdaq Equity Tokens (NETs) on Payward’s xStocks network by Q2 2027.
Ultimately, Nasdaq’s approach has the potential to drastically reduce settlement times. As Payward’s co-CEO observed, shifting equity transactions to an on-chain framework removes the traditional two-day delay while preserving full “shareholder rights.”
This alliance builds upon a previous partnership initiated in March 2026 to create 代币化 infrastructure, following prior SEC approval allowing Nasdaq to trade specific stocks in a tokenized format.
Nasdaq Expands Crypto Offerings
Observers tracking Kraken news will see this agreement occurring amid a wider cryptocurrency expansion by Nasdaq. Back in August, Nasdaq revealed plans to introduce a 23-hour trading window running from 9 p.m. to 4 a.m. ET by December, narrowing the operational divide with the 24/7 nature of 加密货币市场.
On top of that, the exchange has submitted a proposal to the SEC aimed at standardizing options tied to crypto exchange-traded funds (ETFs) covering 比特币, ETH 作为其原生资产。">以太坊, Solana, and XRP.
According to official statements from the firms, these actions highlight Nasdaq’s overarching strategy to merge blockchain-based assets with conventional markets, mirroring how the $100 million investment in Payward bridges regulated exchange infrastructure with a prominent cryptocurrency venue.
What is Nasdaq’s investment in Payward?
Nasdaq Ventures is investing $100 million in Payward, the parent company of Kraken, to develop infrastructure for tokenized stocks.
When will Nasdaq Equity Tokens (NETs) launch?
NETs are expected to launch on Payward’s xStocks platform in Q2 2027.
What are the benefits of the new tokenized stock infrastructure?
It enables trading and settlement outside conventional market hours, eliminates the traditional two-day settlement delay, and keeps shareholder rights intact.
