Nasdaq Eyes Blockchain Project for OTC Markets

Technology provider's effort to track the lifecycle of a digital asset moves beyond the proof-of-concept phase.

DLT

Nasdaq says a blockchain project it has been involved in to track the lifecycle of a digital asset has moved beyond the proof-of-concept phase.

The offering, the name of which is unconfirmed, tackles the question of how to tightly connect from the initial issuance of an asset into a marketplace to efficiently trade tokens or assets.

“Where we see [this product] primarily fit is within the bilateral OTC markets, where you don’t currently have a trusted central operator in place. I think we more

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