Hands On With Linq, Nasdaq's Private Markets Blockchain Project
Nasdaq formally debuted its blockchain product, Nasdaq Linq, last month at the Money20/20 conference in Las Vegas, the launch coming nearly six months after Nasdaq announced it would be the first major global stock exchange to publicly trial blockchain technology. The wait may be worth it. Linq is the first platform from an established financial services firm to demonstrate how asset trading could be managed digitally through the use of blockchain-based platforms. It's a management tool for shares in private companies, and it's part of Nasdaq Private Market, the exchange's suite of....
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Nasdaq has continued with its blockchain affair by unveiling its latest blockchain tech initiative - Linq, a platform that enables private companies to trade their shares using the bitcoin-powering technology, even before the companies go public. With Linq, Nasdaq revealed its newest trading platform with a live demonstration at the Money 20/20 conference in Las Vegas. In a press release, Nasdaq also announced the first six private companies participating in the blockchain-enabled platform. They are Chain.com. ChangeTip, PeerNova, Synack, Tango and Vera. "We are extremely encouraged by the....
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....
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....
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....
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....