Digital asset marketplace

Challenge

• Most exchanges lack capacity to build their own digital asset exchange platform
• Nasdaq has customer demand to build a DLT settlement service for digital assets
• Building your own exchange brings complexity of regulation, oversight and documentary requirements

Solution

• Nasdaq’s Digital Assets Suite (NDAS) enables the creation of robust and scalable markets for digital assets, meeting performance, reliability and transparency requirements
• NDAS allows the creation of a seamless workflow throughout the entire lifecycle of a digital asset

Why Corda?

• Chosen as it is the most suitable DLT platform for privacy and ease of auditing

Results

• 120 marketplaces across 50 countries use Nasdaq’s Marketplace Technology
• Removes market and credit risk with pre-trade reservations and instant settlement
• Corda integrates into Nasdaq’s existing digital asset suite