Nasdaq Taps Singapore Firm For Next-Gen Crypto Infrastructure
In a landmark move poised to redefine institutional finance, Nasdaq has successfully connected its Calypso platform to the Canton Network, enabling real-time, blockchain-powered collateral and margin management.
Developed with Singapore-based QCP, Primrose Capital Management, and Digital Asset, the integration sets a precedent for modernizing risk management across traditional and digital markets.
Nasdaq’s announcement of end-to-end margin and collateral workflows on the Canton Network signals a major leap in the use of blockchain for capital markets. By connecting Nasdaq Calypso – its flagship platform for risk and collateral management – with blockchain infrastructure, the company demonstrates that on-chain capabilities can enhance the mobility and efficiency of institutional collateral across asset classes.
Nasdaq Calypso is already a cornerstone of financial technology, enabling institutions to manage risk, margin, and collateral in an integrated environment. This use case extends Calypso’s reach, enabling 24/7 automated workflows across crypto derivatives, fixed income, exchange-traded, and OTC derivatives – bridging traditional finance with the digital asset world.
Unlocking Capital Through Always-On Infrastructure
The collaboration with QCP, Primrose, and Digital Asset reveals how institutions can benefit from blockchain-based collateral management to meet growing demands for capital efficiency. Traditionally locked-up assets can now be mobilized and redeployed more freely, allowing capital to flow with greater speed and precision across markets.
This move signals more than just technical innovation—it lays the groundwork for a more responsive and resilient financial system. As digital assets continue to mature, the ability to manage collateral in real time becomes a critical feature for financial institutions seeking to remain competitive in an “always-on” economy.
Building Trust in the Digital Asset Ecosystem
While operational benefits are clear, Nasdaq’s initiative also aims to build trust in the infrastructure supporting digital assets. Secure, interoperable platforms that connect institutional tools to blockchain networks are essential for long-term growth and credibility in the sector.
Through its expanding suite of digital asset solutions, Nasdaq is reinforcing its commitment to market integrity and resilience. The integration of the Canton Network is just one part of a broader strategy to modernize capital markets infrastructure in step with the digital transformation of finance.
Scaling for Global Impact
Nasdaq’s technology already supports 97 percent of globally systemically important banks, half of the world’s top stock exchanges, and over 3,800 financial institutions. With this integration, Nasdaq is not just expanding functionality – it’s laying a scalable foundation for digital asset adoption at a global level.
By combining deep financial expertise with cutting-edge technology and cloud services, Nasdaq is enabling the financial industry to solve complex challenges while accelerating its modernization journey.
This Canton-Calypso use case stands as a milestone in making digital asset infrastructure not just viable—but essential—for the future of capital markets.