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

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Nasdaq invested $100 million in Payward as part of its push toward tokenized stock products with round-the-clock trading.

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Decrypt•

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

Deutsche Börse's April stake implied a $13.3 billion valuation. Five months on, Nasdaq is paying at $21 billion.

Brief by WorldPing · Original reporting by Decrypt

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CoinDesk•

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

The investment expands a strategic partnership to bring tokenized, voting-enabled equities to crypto exchange users.

Brief by WorldPing · Original reporting by CoinDesk

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The Block•

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

Nasdaq Ventures agreed to invest $100 million in Kraken parent Payward, expanding their tokenized equity infrastructure partnership.

Brief by WorldPing · Original reporting by The Block

WorldPing

CoinDesk•

Nasdaq, Boerse Stuttgart, others ask EU to remove or increase cap in tokenization trial

The coalition warned that the current limit is too low, noting some existing European projects already exceed it.

Brief by WorldPing · Original reporting by CoinDesk

CBS News

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CBS News•

25 people killed in fire on cargo ship docked in China, state media reports

The deadly fire broke out when the cargo ship was docked for repairs at a major shipping hub on China's northeastern coast.

Brief by WorldPing · Original reporting by CBS News

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Fortune•

‘Parents see themselves more as a client of the school’: Underperformance in class leads to apathy at home

A 40% non-response rate means the OECD couldn't break out America's worst-ever PISA reading scores by race or income this year.

Brief by WorldPing · Original reporting by Fortune