Nasdaq Partners with Kraken Parent; Stablecoin Fintech KAST Raises $80M
Nasdaq Partners with Kraken Parent; Stablecoin Fintech KAST Raises $80M
Recent news highlights significant developments in the fintech and crypto sectors. Nasdaq has announced a partnership with Kraken's parent company, Payward, to develop infrastructure bridging tokenized equity markets with blockchain networks. This move signals a growing integration between traditional finance and decentralized technologies. Simultaneously, stablecoin fintech KAST successfully closed an $80 million Series A funding round, valuing the company at $600 million, to support its global expansion initiatives.
Nasdaq Partners with Kraken Parent to Link Tokenized Equities with DeFi Networks
Nasdaq has partnered with Kraken’s parent company Payward to build infrastructure linking tokenized equity markets with blockchain networks.
Stablecoin Fintech KAST Raises $80 Million in Series A to Fund Global Expansion
KAST has raised $80 million in a Series A led by QED Investors and Left Lane Capital, valuing the startup at $600 million.