Friday kicks off with a paradox of technological advancement: Wall Street embraces blockchain innovation while authorities dismantle its darkest corners, all overshadowed by an apocalyptic AI warning.
Nasdaq Enters Crypto: $100 Million for the Future of Tokenized Stocks Friday morning, September 11th, began with news that further blurred the lines between Wall Street and Web3. Nasdaq, one of the world's
largest stock exchanges, announced a $100 million investment in Payward, the parent company of crypto exchange Kraken. This deal values Kraken at $21 billion a figure demonstrating that Wall Street no
longer views crypto as a joke. But this isn't just a financial investment. Nasdaq and Kraken have agreed to collaborate on a revolutionary project: launching tokenized equities infrastructure in 2027.
In simple terms, instead of buying company shares through traditional brokers, you'll be able to purchase and sell digital versions of those same shares on the blockchain with instant settlement, 24/7
access, and lower fees. Why Does This Matter So Much? Tokenized stocks aren't a new idea, but until now, no major player has been able to execute it at scale. Binance launched tokenized securities like
Tesla and Apple shares a few years ago, but regulatory pressure forced them to shut down. FTX had a similar platform that vanished after its 2022 collapse. But Nasdaq is different. This company is one
of the oldest and most trusted stock exchanges in the world, with strong relationships with regulators. If Nasdaq says it wants to offer tokenized stocks, the SEC will likely listen. This could be the
gateway for RWA (Real-World Assets) to enter the mainstream. [IMAGE_PLACEHOLDER_1] When you buy company shares through traditional markets, those shares are held in your broker's account, and settlement
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