Nasdaq
The NASDAQ Stock Market, commonly referred to as NASDAQ, is an American stock exchange and the second-largest globally by market capitalization, surpassed only by the New York Stock Exchange. It is operated by Nasdaq, Inc., which also owns the OMX stock market network and multiple U.S. stock and options exchanges. In 2006, NASDAQ transitioned from a stock market to a licensed national securities exchange. In 2013, private equity firm Carlyle Group explored taking the exchange operator private, but negotiations ultimately fell through due to disagreements over valuation.
In October 2015, NASDAQ introduced Linq, a groundbreaking platform that enables private companies to digitally represent share ownership using blockchain technology. While Linq serves as a secure and sophisticated database, its underlying potential to revolutionize information distribution and validation is even more compelling. Alex Zinder, Nasdaq’s Director of Global Software Development, highlighted blockchain’s promise to enhance information sharing while maintaining security and privacy.
Nasdaq acknowledges that blockchain technology is still in its early stages and continues to explore additional applications beyond Linq. One area of interest includes controlling information distribution through blockchain networks. According to Zinder, emerging concepts such as tokenization and innovative validation technologies offer the ability to verify data at scale without exposing sensitive information to third parties. This forward-looking approach positions Nasdaq as a leader in leveraging blockchain for financial innovation.
Contact Info
- +61280762600
- business.nasdaq.com
- New York City, New York, United States
