Nasdaq Bolsters Tokenized Stocks with $100 Million Investment in Kraken Parent
Nasdaq's recent investment of $100 million in Payward, the parent company of Kraken, is another significant endorsement for tokenized stocks. This partnership aims to develop infrastructure connecting traditional securities with blockchain-based markets.
This trend shows that established exchanges increasingly view tokenization as an opportunity rather than a fringe experiment. Remittix, focused on moving value between crypto and conventional finance, approaches this convergence from the payments side.
The project is building a platform designed to move digital assets into bank accounts while surrounding that service with trading, wallet, and earning products.