Kraken Parent Lands $100 Million Nasdaq Bet Before Planned IPO, But Why?

Crypto Insight Summary: Nasdaq is putting $100 million into Kraken parent Payward at a $21 billion valuation to build tokenized stock rails. Crypto Insight Analysis: Direction: Bullish KRAKEN / Neutral BTC / Neutral ETH Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Nasdaq investment boosts Kraken's IPO prospects and tokenized stock offerings.