Nasdaq has connected the Canton Network to its Nasdaq Calypso platform to facilitate end-to-end margin and collateral workflows.
The partnership with QCP, Primrose Capital Management, and Digital Asset aims to enhance collateral mobility across all asset classes for institutional market participants.
Automating collateral management on-chain is seen as a paradigm shift for capital efficiency, allowing for efficient allocation of capital across traditional and digital assets.
The collaboration signifies a step towards harmonizing traditional and digital markets on a trusted, interoperable infrastructure, while improving capital efficiency for financial institutions.