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
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