Nasdaq OMX Adopts Blockchain for Private Markets
Distributed ledger technology to be used pre-IPO.
The firm is tapping the Open Assets Protocol Colored Coin initiative to create blockchain-enabled digital ledger technology at its Nasdaq Private Market, which is used by private companies for pre-IPO trading.
Blockchain is well-known as the underlying settlement technology for Bitcoin and other digital currencies, the capital markets implications of which Waters explored in this month's issue.
The technology is slated to be introduced later this year, with Nasdaq OMX arguing that the blockchain
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