Nasdaq Stock Exchange continues to develop financial blockchain solutions

According to Nasdaq (NDAQ), the second largest capitalization of the stock exchange in the world continues to promote its applications on the blockchain.

In a recent interview, Johan Toll, head of Nasdaq for product management on the blockchain , said that now the exchange can connect any of its microservices of the financial system through blockchain solutions. For example, Toll says that Nasdaq is testing functionality that makes it easy to transfer securities serving as collateral.

According to Toll, as part of these innovations, Nasdaq is open to partnership with other exchanges for the joint development of infrastructure.

We have previously reported that Nasdaq is interested in developing a platform for organizing the release of STO tokens by companies and raising funds.

Unlike other cryptocurrencies, STO tokens are intended for traded assets and are issued to investors for future profits. Like traditional securities, these tokenized securities are regulated by law.

It is also reported that Nasdaq plans to launch Bitcoin futures in the first quarter of 2019.

This news appeared a few days after the Nasdaq added cryptocurrency market indices from Bitve New Coin – Liquid Index (BLX) and Ethereum Liquid Index (ELX).

Publication date 08/03/2019
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