Nasdaq Is Utilizing R3’s Corda for Managing Digital Property

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Nasdaq Is Utilizing R3’s Corda for Managing Digital Property

The Nasdaq inventory trade has partnered with R3 to supply a platform for digital asset marketplaces on the Corda blockchain, the businesses introd


The Nasdaq inventory trade has partnered with R3 to supply a platform for digital asset marketplaces on the Corda blockchain, the businesses introduced Wednesday.

Capital markets individuals can now use Corda to help the issuance, buying and selling, settlement and custody of digital belongings, stated 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 providers, together with matching engines, surveillance, knowledge discovery and reporting providers. 

“The connection with R3 performs an necessary function in Nasdaq’s improvement of options that help the creation of dynamic and trusted digital asset marketplaces,” Toll instructed CoinDesk in an e-mail. “R3’s Corda platform is designed particularly for highly-regulated environments, and their platform suits nicely into our expertise ecosystem.”

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