Johan Toll, Head of Blockchain Product Management at Nasdaq helps to decode blockchain technology.

Johan Toll, Head of Blockchain Product Management at Nasdaq helps to decode blockchain technology. #blockchain #crypto #cryptocurrency Open your own Cryptocurrency Exchange:

Posted by ChainCreator on Sunday, March 3, 2019

Nasdaq (NDAQ), the second-largest stock exchange in the world by total capitalization, reportedly continues to advance the applications of its blockchain layer.

In a recent interview, Johan Toll, Nasdaq’s head of blockchain product management, revealed that the exchange can now connect any of its microservices on its financial framework to its permissoned blockchain. As an example, Toll says Nasdaq is testing functionality that would allow for the easy transfer of collaterals.

According to Toll, as part of this effort, Nasdaq is open to partnering with outside exchanges to co-develop the infrastructure.

We previously reported that Nasdaq is interested in developing the platform for companies to stage security token offerings (STOs) to issue tokens and raise funding.

Unlike other cryptocurrencies, security tokens are designed to be tradable assets and are issued to investors in the pursuit of future profits. Similar to traditional securities, these tokens are subject to significant regulatory standards.

Nasdaq is also reportedly planning to list Bitcoin (BTC) futures as early as the first quarter of 2019.

This news comes several days after Nasdaq integrated crypto market data company Brave New Coin’s Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX).

More: Johan Toll Interview
Related: Nasdaq May Launch a Security Token Platform for Regulated ICOs

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.



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