Nasdaq agrees to invest $100 million in Kraken parent Payward

Pulse2.com reports that Nasdaq has agreed to invest $100 million in Payward, the parent company of cryptocurrency platform Kraken, through Nasdaq Ventures. The publisher says the investment deepens a relationship first announced in March. Nasdaq’s strategy includes tokenized equities, always-on markets and infrastructure connecting traditional financial systems with decentralized networks, Pulse2.com reports.