Nasdaq To Invest In Blockchain Technology

Nasdaq Ventures is looking to invest in unique fintech companies that are utilizing disruptive technologies.

On April 19, 2017, American stock exchange Nasdaq announced the launch of Nasdaq Ventures.

Launched in 1971, as the first electronic stock exchange, Nasdaq has remained one of the world’s leading providers of technology services to capital markets.

Each investment will work to support Nasdaq’s “Core business strategies and mission.” ETHNews reached out for further comment, but Nasdaq is not providing any specifics outside the scope of the release at this time.

Potential blockchain start-up collaborators should take into consideration Nasdaq’s most recent partnerships that are developing on blockchain technology for assets, E-Voting, and advertising.

To date, Nasdaq has been a proactive supporter of fintech innovation, especially blockchain technology, and firms that utilize it.

Given Nasdaq’s reputation in the financial sector, Nasdaq Ventures could facilitate an influx of innovation not just in America, but in a number of countries as well.

Source: ETHNews