Digital Asset partners with Nasdaq to enable Daml on the Marketplace Services Platform
The partnership creates new opportunities for clients looking to launch digital marketplaces where Daml-driven applications can seamlessly extend into the Marketplace Services Platform
June 24, 2021
Digital Asset today announced a new partnership with Nasdaq (Nasdaq: NDAQ) to enable Daml-driven applications on the Nasdaq Marketplace Services Platform.
Nasdaq and Digital Asset customers will be able to leverage applications built in Daml, a multi-party application platform, and connect them seamlessly into the Nasdaq Marketplace Services Platform. Daml also presents an opportunity for Nasdaq and its customers to build application logic in Daml to manage new types of assets, such as ESG certificates, real estate, precious metals and more as part of Nasdaq’s Marketplace Services Platform, a DLT agnostic offering aimed at providing its clients with the ability to manage the full lifecycle of digital assets.
Launched in 2020, the Nasdaq Marketplace Services Platform is a software-as-a-service (SaaS) platform for exchanging digital assets, services and information in the cloud. Built on top of the Nasdaq Financial Framework’s high-performance, low-latency foundation, the platform provides access to functionally-robust services covering the transaction lifecycle, including the issuance of assets and trading through pre-trade risk management, market surveillance and efficient digital settlement.
Digital Asset’s exchange client base includes the Australian Securities Exchange, Hong Kong Exchanges and Clearing, Singapore Exchange, and most recently, Xpansiv, an ESG commodity trading platform, among others.