Nasdaq invests $100 million in Kraken's parent company at a $21 billion valuation

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Nasdaq invests $100 million in Kraken's parent company at a $21 billion valuation

⚡ Markets: A significant validation of the crypto exchange sector from a major traditional finance player. Bullish for Kraken's private valuation and sentiment for other publicly traded or soon-to-be-public crypto firms.BTCETHCOIN

Stock exchange operator Nasdaq has made a $100 million investment in Payward, the parent company of cryptocurrency exchange Kraken, valuing the firm at $21 billion. The investment expands an existing partnership between the two companies.

West MSM: noneFinancial press 3Regional 12 countries

4 sources across the spectrum

Financial pressDecrypt — Nasdaq Invests $100M in Kraken Parent Payward at $21B Valuation

Financial pressCoinDesk — Nasdaq invests $100 million in Kraken parent company Payward at $21 billion valuation

Financial pressThe Block — Nasdaq to invest $100 million in Kraken parent Payward as firms expand partnership

RegionalEstadão — Nasdaq investe US$ 100 milhões na dona da Kraken e avança com ações tokenizadas

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