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Nasdaq invests $100 million in crypto firm, eyes 2027 launch of ‘tokenized’ stocks

Nasdaq’s venture capital arm is investing $100 million in Kraken parent Payward, partnering with the crypto firm to launch tokenized equities in 2027 and build a market infrastructure and surveillance technology to support them.  The deal expands on a previously announced partnership between Nasdaq and Payward to test Nasdaq Equity Tokens (NETs). In this new phase,...
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