The Nasdaq stock exchange has partnered with R3 to supply a platform for digital asset marketplaces on the Corda blockchain, the businesses introduced Wednesday.
Capital markets contributors can now use Corda to help the issuance, buying and selling, settlement and custody of digital belongings, mentioned Johan Toll, Nasdaq’s head of digital belongings.
The ledger expertise is built-in with the Nasdaq Monetary Framework, which additionally connects to a number of different capital markets companies, together with matching engines, surveillance, information discovery and reporting companies.
“The relationship with R3 plays an important role in Nasdaq’s development of solutions that support the creation of dynamic and trusted digital asset marketplaces,” Toll informed Fintech Zoom in an e-mail. “R3’s Corda platform is designed specifically for highly-regulated environments, and their platform fits well into our technology ecosystem.”
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