High Alert

Nasdaq Invests $100M in Kraken Parent Payward at $21B Valuation

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Decrypt
Nasdaq Invests $100M in Kraken Parent Payward at $21B ValuationWorldPing
Image via Decrypt.

What happened

Deutsche Börse's April stake implied a $13.3 billion valuation.

Five months on, Nasdaq is paying at $21 billion.

Key facts

  • Deutsche Börse's April stake implied a $13.3 billion valuation.
  • Five months on, Nasdaq is paying at $21 billion.
  • Reported by Decrypt and published Thu, 10 Sep 2026 11:28:55 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Nasdaq invests $100 million in Kraken parent company Payward at $21 billion valuation

  2. Nasdaq Invests $100M in Kraken Parent Payward at $21B Valuation

  3. Nasdaq invests $100M in Kraken parent at $21B valuation: Report

  4. Nasdaq to invest $100 million in Kraken parent Payward as firms expand partnership

Sources

The original report was published by Decrypt. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Decrypt

Follow the story

Living hubs that keep updating as this story develops.

Related WorldPing coverage