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Kraken Parent Valued at $21 Billion in $100 Million Nasdaq Investment, Bloomberg Reports

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Kraken Parent Valued at $21 Billion in $100 Million Nasdaq Investment, Bloomberg Reports

Nasdaq Ventures agreed to invest $100 million in Kraken parent Payward as the two companies broaden their collaboration around tokenized equities and digital-market infrastructure. The investment values Payward at $21 billion, according to people familiar with the matter cited by Bloomberg.

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