Nasdaq integrates with Canton Network for digital assets collateral
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This development, achieved through partnership with QCP, Primrose Capital Management, and Digital Asset, marks a new era in institutional finance, enabling end-to-end margin and collateral workflows on blockchain technology.
This integration facilitates the automated 24/7 management of margins and collateral across a diverse range of assets, including fixed income, exchange-traded derivatives, and crypto derivatives. This advancement addresses a critical inefficiency in financial markets by enhancing collateral mobility and optimizing capital efficiency through real-time mobilization and redeployment of assets.
Nasdaq Calypso is a leading technology platform serving 97% of the world's systematically important banks as well as numerous exchanges and regulatory bodies. By bridging traditional finance with emerging digital markets, Nasdaq aims to set new standards in digital asset management, helping to foster greater institutional adoption.
The collaboration brings together key market players, with QCP providing digital asset market insight, Digital Asset offering blockchain technology, and Primrose Capital Management contributing as a market user. This collective effort supports the evolving financial landscape by streamlining operations and bolstering security through blockchain-based solutions.
The initiative is aligned with the financial industry's shift towards integrating traditional and digital finance, enabling faster settlement cycles and continuous trading, thus requiring enhanced real-time risk management capabilities.
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