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Why Is This Token Still Listed? The Exchange Business Model + Nasdaq Chooses Kraken | Ep 470

Goodnow revolutionaries—

Will spent his morning as Marcus—a pink penguin in a leather jacket and unicorn hat—completing a platformer in Pudgy World. The actual metaverse review: it has things to do in it, which is more than could be said for any metaverse that came before it. Then the news: Kraken and Nasdaq have partnered to build tokenized equity infrastructure, with xStocks expected to roll out in the first half of 2026. Not to be outdone, NYSE parent company ICE invested in OKX at a $25B valuation to do the exact same thing. Two of the biggest stock exchanges on the planet are racing to…

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