Nasdaq Opens Blockchain Services to Global Exchange Partners
Nasdaq has opened up its blockchain services to more than 100 of its market operator clients around the world as part of its newly unveiled Nasdaq Financial Framework. Announced today, the framework is designed to provide end-to-end solutions to Nasdaq's financial infrastructure clients around the world including traditional exchanges. The new financial infrastructure hub could pave the way for those exchanges and others to start using blockchain technology in a wide range of unnamed services. Nasdaq’s executive vice president and head of market technology, Lars Ottersgård, said in a....
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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....
Nasdaq, a global provider of trading, clearing, exchange technology, listing, information and public company services, will launch a harmonized framework to provide solutions including blockchain to providers of financial infrastructures. Nasdaq will make its Nasdaq Financial Framework available to its 100-plus operator clients worldwide, which include exchanges, clearing houses, central securities depositories, alternative trading venues and interbroker dealers. Nasdaq has integrated the framework across all of its business units. The framework includes a single operational core tying....
E-voting has emerged as an area with many applications, including shareholder voting, according to a Nasdaq report by Richard DeMarinis, principal software engineer at Nasdaq’s enterprise architecture and Heidi Uustalu, head of Nasdaq Tallinn issuer services, and Frederik Voss, head of Nasdaq blockchain strategy. Nasdaq announced interest in 2016 in a new e-voting platform using blockchain technology on its Tallinn exchange in Estonia. The project leveraged digital ID solutions used by the government to provide ID cards to foreigners through the country’s e-Residency program. The Nasdaq’s....
The president and chief operating officer of Nasdaq, Adena Friedman, has said that it is hoping to share information with the Hong Kong Stock Exchange on its blockchain technology, according to a report from the South China Morning Post. According to Friedman, it has become a priority for the New York-based Nasdaq to work with the Hong Kong Stock Exchange. Last month, the Hong Kong Monetary Authority (HKMA) announced that it was setting up a Fintech Innovation Hub and a Supervisory Sandbox enabling banks to conduct proof of concept trials and services. It is hoped that this will boost the....
A new virtual currency exchange has raised $3.25m to fund the expansion of its operations. Singapore-based itBit, which has raised $5.5m in funding to date, will use the money to bring institutional investment technology to bitcoin. "itBit is the first bitcoin exchange built on global equities exchange standards, therefore offering a new level of professionalism, reliability and security to bitcoin trading," CEO Rich Teo and CTO Jason Melo of itBit told CoinDesk. The recent round was funded by Canaan Partners and RRE Ventures, along with Liberty City ventures and other individual angel....