
Nasdaq Invests $100M in Kraken Parent Payward at $21B Valuation
Nasdaq has invested $100 million in Kraken parent Payward at a reported $21 billion valuation, expanding their partnership around tokenized stocks and always-on markets.

Nasdaq has invested $100 million in Kraken parent Payward at a reported $21 billion valuation, expanding their partnership around tokenized stocks and always-on markets.

Stocks and crypto enter September after a powerful August rally, but historical data points to a potentially volatile month ahead.

BlackRock’s BUIDL has reclaimed the lead in tokenized Treasuries with roughly $2.8 billion in market cap, narrowly surpassing Circle’s USYC.

MSTR has rallied 30% in August, but continued share issuance could weaken Strategy’s leveraged Bitcoin thesis and limit its valuation premium.

Trump Digital Gold crashed 98% within hours after wallets reportedly made nearly $312,000 from a massive token sell off.

Ondo Perps has added tokenized Circle, SpaceX and SanDisk stocks as collateral, giving tokenized equities another use across onchain derivatives and DeFi.

Canaccord raised its MSTR stock price target to $175 from $130 while maintaining a Buy rating, citing Bitcoin’s recovery, Strategy’s stronger balance sheet and renewed BTC acquisition potential.

BNB Chain has surpassed 300,000 RWA holders, strengthening its position in tokenized assets and potentially supporting a BNB price recovery toward $620.

BlackRock has launched a tokenized money market fund on Solana and Ethereum to support stablecoin reserves with cash and U.S. Treasury assets.