Nasdaq partners with Canton Network to mature digital asset infrastructure
26 June 2025 US
Image: Leopard/stock.adobe.com
Nasdaq has facilitated end-to-end margin and collateral workflows on the Canton Network.
The use case 鈥� in which the blockchain-based technology connects to Nasdaq Calypso 鈥� was developed in partnership with QCP, Primrose Capital Management, and Digital Asset.
It looks to demonstrate that the integration of on-chain capabilities, alongside existing institutional workflows, enhances collateral mobility across all asset classes for institutional market participants.
In addition, through this partnership, the involved companies look to mature and scale the next generation of digital asset infrastructure
Yuval Rooz, co-founder and CEO of Digital Asset, believes the move is a 鈥渕ajor step toward harmonising traditional and digital markets on a trusted, interoperable infrastructure鈥�.
Calypso 鈥� designed to manage risk, margin, and collateral needs in an integrated environment 鈥� will expand its capabilities to support automated 24/7 margin and collateral management across a full spectrum of assets, including crypto derivatives, fixed income, exchange-traded derivatives, and OTC derivatives.
The use case represents a 鈥減roof point鈥�, the firms say, that using blockchain-based technology for collateral management allows financial institutions to meet the demands for real-time capital efficiency in an 鈥渁lways-on鈥� financial ecosystem.
According to Nasdaq, this move will enable financial institutions to allocate capital more efficiently by mobilising and redeploying previously locked up collateral across markets.
Commenting on the partnership, Magnus Haglind, head of marketplace technology, Nasdaq, says: 鈥淐apital market infrastructure and the emerging digital asset ecosystem are on the cusp of a generational shift as they converge with faster settlement and 24-hour trading, driving a new operational paradigm for market participants.
鈥淔inancial institutions need to improve real time risk management and mobilise collateral to optimise capital and liquidity deployment. We are excited to work with our clients to deliver improved capital efficiency through this innovative solution.鈥�
For Melvin Deng, CEO of QCP, this move is not simply a technological milestone, 鈥渋t鈥檚 a paradigm shift鈥� for capital efficiency. He indicates that automating collateral management on-chain allows the firm to offer clients enhanced security, better pricing, and the ability to deploy capital 24/7 across traditional and digital assets.
Deng continues: 鈥淨CP played a pivotal role in shaping the product design and market integration and will support Nasdaq on developing a new suite of OTC spot and derivatives products, setting a new standard for what鈥檚 possible in institutional digital assets.鈥�
Nasdaq plans to advance its existing digital asset capabilities across its suite of capital market solutions, helping to drive institutional adoption of digital assets.
The use case 鈥� in which the blockchain-based technology connects to Nasdaq Calypso 鈥� was developed in partnership with QCP, Primrose Capital Management, and Digital Asset.
It looks to demonstrate that the integration of on-chain capabilities, alongside existing institutional workflows, enhances collateral mobility across all asset classes for institutional market participants.
In addition, through this partnership, the involved companies look to mature and scale the next generation of digital asset infrastructure
Yuval Rooz, co-founder and CEO of Digital Asset, believes the move is a 鈥渕ajor step toward harmonising traditional and digital markets on a trusted, interoperable infrastructure鈥�.
Calypso 鈥� designed to manage risk, margin, and collateral needs in an integrated environment 鈥� will expand its capabilities to support automated 24/7 margin and collateral management across a full spectrum of assets, including crypto derivatives, fixed income, exchange-traded derivatives, and OTC derivatives.
The use case represents a 鈥減roof point鈥�, the firms say, that using blockchain-based technology for collateral management allows financial institutions to meet the demands for real-time capital efficiency in an 鈥渁lways-on鈥� financial ecosystem.
According to Nasdaq, this move will enable financial institutions to allocate capital more efficiently by mobilising and redeploying previously locked up collateral across markets.
Commenting on the partnership, Magnus Haglind, head of marketplace technology, Nasdaq, says: 鈥淐apital market infrastructure and the emerging digital asset ecosystem are on the cusp of a generational shift as they converge with faster settlement and 24-hour trading, driving a new operational paradigm for market participants.
鈥淔inancial institutions need to improve real time risk management and mobilise collateral to optimise capital and liquidity deployment. We are excited to work with our clients to deliver improved capital efficiency through this innovative solution.鈥�
For Melvin Deng, CEO of QCP, this move is not simply a technological milestone, 鈥渋t鈥檚 a paradigm shift鈥� for capital efficiency. He indicates that automating collateral management on-chain allows the firm to offer clients enhanced security, better pricing, and the ability to deploy capital 24/7 across traditional and digital assets.
Deng continues: 鈥淨CP played a pivotal role in shaping the product design and market integration and will support Nasdaq on developing a new suite of OTC spot and derivatives products, setting a new standard for what鈥檚 possible in institutional digital assets.鈥�
Nasdaq plans to advance its existing digital asset capabilities across its suite of capital market solutions, helping to drive institutional adoption of digital assets.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 糖心vlog Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 糖心vlog Finance Times
