What is Nasdaq collaborating on with Kraken's parent company?

Nasdaq is collaborating with Payward, the parent company of cryptocurrency exchange Kraken, to develop infrastructure for the tokenization of equities.

What is tokenization in finance?

Tokenization is the process of converting financial assets like stocks and bonds into crypto assets that can be traded on blockchains.

Why is Nasdaq interested in tokenization?

Nasdaq is looking to capitalize on the growing interest in blockchain-based equities and the potential of tokenized financial assets.

Home / Business and Economy / Nasdaq and Kraken Unite for Blockchain Equities

Nasdaq and Kraken Unite for Blockchain Equities

9 Mar

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Summary

Nasdaq is collaborating with Kraken's parent company, Payward.
The partnership aims to build infrastructure for tokenized assets.
Tokenization converts assets into crypto for blockchain trading.

Nasdaq and Kraken Unite for Blockchain Equities

Nasdaq announced on March 9, 2026, a significant collaboration with Payward, the parent company of the cryptocurrency exchange Kraken. The partnership is focused on developing infrastructure specifically for the tokenization of equities.

This strategic alliance aims to leverage the increasing investor interest in financial assets that are based on blockchain technology. Tokenization is a process that converts various financial assets, including stocks, bonds, and real estate, into crypto assets.

These digital representations can then be traded on blockchains, which are the underlying distributed ledgers for digital assets. The initiative signals a forward-looking approach by Nasdaq to explore the burgeoning digital asset market.

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