Nasdaq Invests $100 Million in Kraken Parent Payward at $21 Billion Valuation
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· body · New information from a source
Nasdaq has invested $100 million in Payward, the parent company of crypto exchange Kraken, according to CoinDesk.The investment values Payward at $21 billion.The valuation represents a jump from Deutsche Börse's April stake, which implied a $13.3 billion valuation, Decrypt reported.- Nasdaq has invested $100 million in Payward, the parent company of crypto exchange Kraken, at a $21 billion valuation, according to CoinDesk and Decrypt.
- The new valuation marks a jump from the $13.3 billion figure implied by Deutsche Börse's stake in Payward in April, according to Decrypt.
- Cointelegraph reports the Nasdaq investment is tied to the exchange operator's push into tokenized stock products offering round-the-clock trading.
· summary · New information from a source
Nasdaq places $100 million in Payward, valuing Kraken's parent company at $21 billion.- Nasdaq has invested $100 million in Payward, Kraken's parent company, valuing the exchange at $21 billion, up from the $13.3 billion valuation implied by Deutsche Börse's stake in April.
· headline · New information from a source
Nasdaq invests $100 million in Kraken parent Payward at $21 billion valuation- Nasdaq Invests $100 Million in Kraken Parent Payward at $21 Billion Valuation
Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.
Nasdaq has invested Nasdaq invests $100 million in Kraken parent company Payward at $21 billion valuation.
in Payward, the parent company of crypto exchange Kraken, at a Nasdaq invests $100 million in Kraken parent company Payward at $21 billion valuation.
valuation, according to CoinDesk and Decrypt.
The new valuation marks a jump from the Deutsche Börse's April stake implied a $13.3 billion valuation.
figure implied by Deutsche Börse’s stake in Payward in April, according to Decrypt.
Cointelegraph reports the Nasdaq investment is tied to the exchange operator’s push into tokenized stock products offering round-the-clock trading.
Sources: CoinDesk, Decrypt, Cointelegraph
This article is for information only and is not financial advice.
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Story so far 2 updates
- digestNasdaq invests $100 million in Kraken parent Payward at $21 billion valuationfirst reported · 2 sourcescoindesk.com · decrypt.co
- storyNasdaq Invests $100 Million in Kraken Parent Payward at $21 Billion Valuationupdate · 3 sourcescoindesk.com · decrypt.co · cointelegraph.com
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