MARKETS

Nasdaq to Distribute Market Data via Blockchain Platforms

File photo: Two Bitcoin coins resting on an illuminated keyboard, showing cryptocurrency and digital finance themes.
File photo: Two Bitcoin coins resting on an illuminated keyboard, showing cryptocurrency and digital finance themes. Photo: Tugay Kocatürk (Pexels licence (free for commercial use))
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Nasdaq has announced plans to broaden the delivery of its market data by integrating blockchain technology into its distribution network. The exchange will partner with multiple blockchain infrastructure providers to offer real‑time and historical data feeds through decentralized protocols. This initiative aims to enhance data accessibility, reduce latency, and provide a tamper‑proof record of transactions for market participants.

The rollout will initially focus on select data products, including trade prints and order book information, before expanding to a wider range of datasets. Nasdaq intends to leverage the scalability and security features of blockchain to address concerns over data integrity and to potentially lower distribution costs for subscribers. The exchange will maintain traditional data delivery channels alongside the new blockchain‑based service, ensuring continuity for existing clients.

For investors, the move reflects a growing trend of financial institutions adopting distributed ledger technology to modernize infrastructure. By offering data on a blockchain, Nasdaq may attract technology‑focused firms and developers seeking reliable, immutable data sources for analytics, algorithmic trading, and fintech applications. The broader market could see increased competition among data vendors as blockchain solutions become more mainstream, potentially influencing pricing and service models.

Source: CoinDesk

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