Nasdaq and Payward Expand Partnership to Launch Equity Tokens by 2027
Key Facts
In a move reflecting the growing trend toward digitizing traditional financial assets, Nasdaq and the parent company of Kraken have announced advancements in their strategic partnership to develop digital equity tokens. According to reports, this collaboration aims to integrate traditional equity markets with blockchain technology through the creation of regulated digital asset tokens. The new equity tokens are officially scheduled for launch during the second quarter of 2027, marking a shift in financial market infrastructure.
This partnership expansion comes as major financial institutions seek to strengthen their presence in the digital assets sector. Based on available facts, the joint efforts between Nasdaq and Payward focus on building advanced infrastructure to support the evolution of tokenized markets. This step is part of a broader strategy to link traditional liquidity with technical innovations in the crypto world while adhering to established regulatory frameworks.
Regarding market performance, NDAQ shares stood at $94.22 at the close of September 9, 2026, with the stock trading between a day low of $93.9 and a high of $95.33. Looking ahead at the economic calendar, investors are monitoring US Initial Jobless Claims, which previously came in at 206k, as a broader market sentiment driver in the coming period.
Latest Updates · 3
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Update: In a new development strengthening this collaboration, Nasdaq has announced plans to invest $100 million in Payward, the parent company of Kraken. This direct investment is intended to accelerate the development of tokenization infrastructure and deepen technical integration between the two entities ahead of the targeted 2027 launch.
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Update: Nasdaq has strengthened its partnership with a $100 million strategic investment in Payward, the parent company of Kraken, valuing the firm at $21 billion. This capital injection is specifically aimed at accelerating the infrastructure development required for the 2027 launch of tokenized equities.
- Notable·
Update: Nasdaq has further solidified its commitment to the project, with its venture arm announcing a $100 million investment in Payward. This funding is intended to accelerate joint efforts in equity tokenization and deepen technical cooperation between the two entities ahead of the targeted 2027 launch.