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2 clusters · 13 sources · 20 days · First seen about 1 month ago · Last updated 24 days ago

Payward strategic expansion into digital asset integration

Overview

Payward, the parent company of the cryptocurrency exchange Kraken, has engaged in significant strategic developments aimed at integrating digital assets with traditional financial infrastructure.

In September 2026, Nasdaq Ventures committed $100 million to Payward to support the expansion of always-on financial markets and the development of tokenized equities. This collaboration involves the creation of Nasdaq Equity Tokens (NETs), intended to integrate with Payward’s xStocks network to allow for around-the-clock on-chain trading while maintaining shareholder protections. Payward and Nasdaq are currently working toward a launch of these tokens in the second quarter of 2027.

Following this, BNY entered discussions with Payward regarding a broad potential partnership. The proposed cooperation could encompass digital asset products, custody, wealth management, trading, payments, and financial infrastructure, potentially utilizing the Payward Services B2B platform. This potential arrangement may mirror the infrastructure-focused collaboration Payward established with Nasdaq.

As part of its broader expansion beyond spot crypto trading, Payward has recently acquired Bitnomial, Reap, and NinjaTrader to incorporate derivatives, staking, and stablecoin payments into its offerings.

Entities

Nasdaq · Kraken · Payward · Nasdaq Ventures · BNY

Claims

What the coverage asserts, and how many sources carry each claim.

[● 4 SOURCES] BNY and Payward are in discussions regarding a potential partnership.
[● 4 SOURCES] The potential partnership could cover crypto products, custody, wealth management, trading, payments, and infrastructure.
[● 3 SOURCES] Nasdaq Ventures agreed to invest $100 million in Payward in September at a $21 billion valuation.
[● 2 SOURCES] Payward and Nasdaq aim to launch Nasdaq Equity Tokens in the second quarter of 2027.
[○ 1 SOURCE] Payward acquired the derivatives broker Bitnomial for up to $550 million in April.
[○ 1 SOURCE] Payward acquired the stablecoin payment company Reap for $600 million.
[○ 1 SOURCE] Payward acquired the futures platform NinjaTrader for approximately $1.5 billion in 2025.
[○ 1 SOURCE] Payward has postponed its planned initial public offering (IPO) until at least the second quarter of 2027.

Timeline

24 days ago

[BUSINESS] 6 sources
BNY explores digital asset partnership with Kraken parent Payward
BNY is negotiating a potential broad partnership with Payward, the parent of Kraken, covering digital assets, custody, payments, and financial infrastructure.
about 1 month ago

[BUSINESS] 8 sources
Nasdaq Ventures invests $100M in Kraken parent Payward
Nasdaq Ventures is investing $100 million in Payward, Kraken’s parent company, to develop tokenized equities and a continuous trading framework targeted for a 2027 launch.

Sources

bitcoinethereumnews.com · blockchainreporter.net · captainaltcoin.com · coindeskjapan.com · cointelegraph.com · crypto.news · cryptobriefing.com · financemagnates.com · letsmoney.com.br · mycryptoparadise.com · negocios.com · spacemoney.com.br · stocknews.com

This summary has been updated 1 time: see revision history