Nasdaq announced a new blockchain-integrated margin and collateral management solution on October 3, 2023, developed with QCP, Primrose Capital Management, and Digital Asset Holdings. This initiative aims to enhance the infrastructure of the over-the-counter (OTC) cryptocurrency market, making it more attractive to institutional investors.
The solution, built on Nasdaq’s Calypso platform and the Canton Network, automates real-time margin calls and collateral management, addressing counterparty credit risk and inefficient capital allocation. This infrastructure supports around-the-clock operations, thereby accelerating settlement processes and allowing for more efficient capital usage.
QCP anticipates significant outcomes within the next 12 to 18 months, including increased institutional participation, enhanced market liquidity, and accelerated financial product innovation, with current estimates citing over 400 institutions and $4 trillion in tokenized asset flows already operational on the Canton Network.
