Nasdaq Payward 100 million investment stories

Nov 13, 2026

Kraken parent Payward posts 66% drop in Q3 adjusted EBITDA amid crypto downturn

Payward reported $60 million in Q3 adjusted EBITDA, down roughly two-thirds from $178.6 million a year earlier, as trading volume fell 30% year-over-year to $353 billion, with the company planning to expand into US prediction markets and launch a personal finance AI agent.

Nov 13, 20264 sources

Sep 10, 2026

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

Nasdaq's venture arm is investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, valuing the firm at $21 billion. Kraken will distribute tokenized Nasdaq-listed stocks that carry the same voting rights as traditional shares.

Sep 10, 20267 sources