Nasdaq’s Blockchain-Based Linq Issues Chain Shares
NEW YORK — Nasdaq (Nasdaq:NDAQ) has recently announced that it has issued shares of the company Chain over its blockchain-based private market, Linq. The issuers were “able to use Nasdaq Linq blockchain ledger technology to successfully complete and record a private securities transaction.” This feat, the company explains, is a first of its kind using....
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In an announcement today, Nasdaq revealed the issuance of its client Chain.com’s share to a private investor using the company’s private-market blockchain platform Linq. Calling it a ‘major advance’ in blockchain technology for private companies, a Nasdaq press release has announced the issuance of shares by Chain.com to a private investor using its blockchain-powered trading platform, Linq. The transfer of share represents the first-ever successful private issuance of shares using blockchain technology. The transaction represents a quick leap from launch to operations for Nasdaq’s Linq, a....
Blockchain startup Chain has issued shares to a private investor using Nasdaq’s recently launched private markets blockchain solution, Linq. In statements, Nasdaq called Chain the first company to complete and document a private securities transaction with its Linq technology, a development the company and CEO Bob Greifeld termed a "major advance" for the blockchain industry. For the transaction, Chain used the Linq platform to issue a record of ownership in the company to its new investor, while benefiting from what Nasdaq said was a reduced settlement time. No details were provided on....
Nasdaq (Nasdaq: NDAQ) has just announced its collaboration with the Republic of Estonia in its second official blockchain project. The partnership will implement the distributed ledger Linq to facilitate Estonia’s e-Residency platform. The latest extension of the Baltic region’s e-Residency program will be a blockchain-based e-voting service that enables....
Nasdaq announced the first six inaugural clients of its new blockchain-enabled platform “Nasdaq Linq.” The first participants will include Chain.com, ChangeTip, PeerNova, Synack, Tango, and Vera. Robert Greifeld, Nasdaq CEO conducted the first demonstration of its new platform at the Money 20/20 conference in Las Vegas on Tuesday: “We are extremely encouraged by the initial demand for Nasdaq Linq from these innovative, first-mover companies, and the validation it represents of our application of blockchain technology,” said Robert Greifeld. “Blockchain applied to the private market is....
At the Money 20/20 conference in Las Vegas, Nasdaq revealed its new trading platform Linq with its first demonstration. The institution revealed earlier this year they would trial blockchain technology to see how it handled share trading. Nasdaq Group CEO Robert Greifeld told the conference the first participants will include Chain, Vera, Tango, ChangeTip and more. Nasdaq is one of the largest services offering trading, clearing, exchange technology in both public and private markets. Linq is a blockchain enabled technology that initiates various aspects of trading shares through the....