Nasdaq invests $100 million in Kraken parent, eyeing 2027 launch of 'tokenized' stock trading

Nasdaq announced a $100 million investment in Kraken's parent company, with plans to launch tokenized stock trading in 2027. The investment reflects Nasdaq's position that tokenization will become integrated into market infrastructure. Kraken's parent company will develop the platform for this service. The exact terms of the investment and the scope of assets eligible for tokenization have not been detailed in available reports.

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