Nasdaq Is Betting on Tokenized Stocks. Here's Why It Just Bought a $100 Million Stake in Kraken's Parent.

Key Points This builds on the exchange operator's Nasdaq Equity Token framework. The goal is to launch the system in the second quarter of 2027. 10 stocks we like better than Nasdaq › Last week, the investing world inched closer to 24/7, rapid-settlement stock trading. That, at least, is the promise of a recent initiative by stock exchange operator Nasdaq (NASDAQ: NDAQ) , which reported that the effort has entered a new stage. Specifically, the company announced it is teaming up with Payward -- the parent company of the crypto exchange Kraken -- to bring its tokenized stock platform closer to realization. Here are the key elements of this deal. Missed Nvidia in 2009? This Rare Signal Is Flashing Again.