Nasdaq has announced a significant advancement in digital asset infrastructure by partnering with Singapore’s QCP Primrose Capital Management and Digital Asset. This collaboration integrates blockchain-based technology with Nasdaq Calypso, facilitating end-to-end margin and collateral workflows on the Canton Network. The initiative aims to enhance collateral mobility across all asset classes for institutional market participants.
Nasdaq Calypso, a leading technology platform, is designed to manage risk, margin, and collateral needs seamlessly. The partnership will expand its capabilities to support automated, 24/7 margin and collateral management across a wide range of assets, including crypto derivatives and over-the-counter derivatives. This move is seen as a step towards maturing and scaling next-generation digital asset infrastructure.
Melvin Deng, CEO of QCP, highlighted the significance of this development, stating, “Partnering with a global technology leader like Nasdaq is a testament to our commitment to building the next generation of institutional-grade market infrastructure.” He emphasised the paradigm shift in capital efficiency brought about by automating collateral management on-chain.
Yuval Rooz, Co-Founder and CEO of Digital Asset, noted that the integration enhances institutional workflows by automating margin and collateral processes on-chain, providing real-time efficiency and control. Linus Ong, Chief Investment Officer at Primrose Capital Management, added that this integration aligns portfolio management with institutional-grade on-chain infrastructure.
Nasdaq’s Head of Marketplace Technology, Magnus Haglind, remarked on the convergence of capital market infrastructure and the digital asset ecosystem, highlighting the need for improved real-time risk management. Nasdaq plans to advance its digital asset capabilities, supporting institutional adoption and driving resilience across the market.
“`
