R3 announced that Nasdaq will use R3’s enterprise blockchain Corda in its Market Technology business for digital assets exchanges.
Nasdaq provides its market infrastructure software to more than 120 marketplaces and institutions, including some digital asset exchanges. For example, the Singapore Exchange SGX is a software client, and together they’ve run experiments for instant settlement or delivery versus payment for tokenized assets.
“This collaboration between Nasdaq and R3 is another important milestone in Nasdaq’s continuous development of technologies that support the creation and growth of dynamic, trusted digital asset marketplaces,” said Johan Toll, Nasdaq’s Head of Digital Assets, Market Technology.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
