Kraken vs Robinhood

Nasdaq invests $100M in Kraken parent, targeting tokenized stocks by 2027

Nasdaq's venture capital arm has invested $100 million in Payward, the parent company of crypto exchange Kraken, to advance the development and launch of tokenized equities. The partnership aims to launch Nasdaq Equity Tokens (NETs) in the second quarter of 2027, with Nasdaq providing market surveillance technology across Payward's trading venues. The investment values Payward at $21 billion. This move reflects a broader trend on Wall Street toward tokenized securities, though debates persist about the nature of tokenized assets and shareholder rights, as highlighted by a recent dispute between Robinhood and AMC.

• Nasdaq's venture arm invested $100 million in Kraken parent Payward.
• Partnership aims to launch tokenized equities (Nasdaq Equity Tokens) in Q2 2027.
• Payward valuation set at $21 billion following the investment.

Introducing the new Kraken Prime: better pricing, better access, one new interface for everything

Execution, settlement, access controls, and order management are now accessible without touching the API.

Kraken affiliate launches cashback debit card

Kraken’s payments app affiliate, Krak, has launched the Krak Card, a U.S. debit card that offers up to 2% back in cash or bitcoin and lets customers spend from more than 600 fiat currencies and crypto assets. Rewards are paid as money rather than points and the cashback rate can increase based on the value of assets a user holds. The card is issued through a partner bank subject to U.S. debit interchange limits. Kraken — founded in 2011 and owned by parent Payward — is using the product to retain deposits, drive spending and deepen customer asset holdings; the company also has a Wyoming bank charter and secured a Federal Reserve master account earlier in 2026. CNBC published the report on August 18, 2026.

• The Krak Card offers up to 2% cash or bitcoin back, paid directly as money rather than points.
• The card can spend directly from over 600 fiat currencies and crypto assets and can split purchases across multiple balances.
• Krak (the payments app affiliate of Kraken) issues the card through a partner bank, which is subject to U.S. debit interchange fee limits.

Robinhood's Abhishek Fatehpuria on winning the modern financial consumer at TechCrunch Disrupt 2026

Robinhood is evolving from a commission-free stock trading app into a comprehensive financial platform, offering banking, credit, crypto, retirement, prediction markets, and AI-powered trading tools. At TechCrunch Disrupt 2026, Abhishek Fatehpuria, VP of Product Management for Brokerage, will discuss how technology and changing consumer expectations are reshaping financial services. Key figures include 28.6 million funded customers, $384 billion in platform assets, $3 billion in banking deposits, and 4.7 billion prediction market contracts traded in August. Robinhood is also experimenting with AI-powered investing, such as Cortex and Agentic Trading, which has attracted nearly 100,000 accounts. The session aims to explore how the company is building trusted products at scale and expanding its role in customers' financial lives.

• Robinhood reported 28.6 million funded customers and $384 billion in total platform assets at the end of August 2026.
• Robinhood's banking product attracted over $3 billion in deposits, and its credit card business surpassed $100 million in annualized revenue in Q2.
• Prediction markets on Robinhood traded 4.7 billion event contracts in August 2026, up 15x year-over-year.

Robinhood Teams Up With Crypto.com and OG.com to Expand Access to Prediction Markets Ahead of A Busy Fall

Beginning Sept. 8, Robinhood will begin routing a selection of football event contracts to Crypto.com's prediction markets platform through ...

Nasdaq invests $100M in Kraken parent, targeting tokenized stocks by 2027

Nasdaq's venture capital arm has invested $100 million in Payward, the parent company of crypto exchange Kraken, to advance the development and launch of tokenized equities. The partnership aims to launch Nasdaq Equity Tokens (NETs) in the second quarter of 2027, with Nasdaq providing market surveillance technology across Payward's trading venues. The investment values Payward at $21 billion. This move reflects a broader trend on Wall Street toward tokenized securities, though debates persist about the nature of tokenized assets and shareholder rights, as highlighted by a recent dispute between Robinhood and AMC.

• Nasdaq's venture arm invested $100 million in Kraken parent Payward.
• Partnership aims to launch tokenized equities (Nasdaq Equity Tokens) in Q2 2027.
• Payward valuation set at $21 billion following the investment.