About Nasdaq Ventures
Nasdaq Ventures is the venture investment arm of NASDAQ (NASDAQ: NDAQ), a provider of trading, clearing, exchange technology, listing, information, and public company services across six continents. Nasdaq Ventures is dedicated to discovering, investing in, and partnering with fintech companies worldwide, with areas of focus including digital transfer/blockchain; machine learning and artificial intelligence; emerging and frontier marketplaces; and next generation data, analytics, and content aggregation. The program's main objective is to identify and collaborate on new technologies and services and solutions which align with Nasdaq's clients' needs and the company's long-term objectives in the global capital markets. Nasdaq Ventures will make minority stake investments expected to range from less than $1M to approximately $10M, which will include seed to late-stage venture rounds.
Research containing Nasdaq Ventures
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CB Insights Intelligence Analysts have mentioned Nasdaq Ventures in 1 CB Insights research brief, most recently on May 15, 2023.
Latest Nasdaq Ventures News
Nov 15, 2023
Goldman Sachs, BNP Paribas, Santander, BNY Mellon, Barclays, ING, Lloyds Banking Group, Nasdaq Ventures and UBS among backers Share: Blockchain FinTech Fnality has raised £77.7 million in a Series B funding round. Fnality says it brings together the safety and institutional quality of central bank money with the innovative functionality and resilience of blockchain technology. The round was led by Goldman Sachs and BNP Paribas, with participation from DTCC, Euroclear, Nomura and WisdomTree. There were also additional investments from Series A investors Banco Santander, BNY Mellon, Barclays, CIBC, Commerzbank, ING, Lloyds Banking Group, Nasdaq Ventures, State Street, Sumitomo Mitsui Banking Corporation, and UBS. It takes total capital raised to £132.7m as it readies for the commencement of initial Sterling Fnality Payment System (£FnPS) operations in 2023, subject to regulatory approval. Fnality’s latest funding will be utilised to continue progress towards the establishment of a global liquidity management ecosystem that empowers new digital payment models in both wholesale financial markets and emerging tokenised asset markets. The use-cases could transform payments, settlement and collateral management in global markets. The company says several landmark proofs of concept have already been demonstrated, including for real-time settlement of tokenised securities, real-time cross-border FX swaps, and real-time repo transactions. “Our Series B funding round represents the financial sector’s desire for a central bank money backed blockchain-based settlement solution that bridges the gap between traditional finance (TradFi) and decentralised finance (DeFi) in wholesale markets,” said Rhomaios Ram, CEO. “Each Fnality Payment System utilises DLT to provide a 24/7 payment rail with the ability to reduce settlement cycles to real-time, while significantly improving intraday liquidity management and marking significant innovation in the speed, functionality, and resilience of wholesale payments.” Mathew McDermott, global head of digital assets at Goldman Sachs, added: “Fnality’s solution is a key enabler for the digital asset ecosystem and the company is well-positioned to be at the forefront of payment innovations and institutional adoption of DLT. “Fnality’s application of blockchain technology offers a resilient way for institutions to use central bank funds across a wide set of potential use cases, including instantaneous, cross-border, cross-currency payments, collateral mobility, and security transactions. “We are pleased with our investment and are looking forward to the transformative impact Fnality brings.”
Nasdaq Ventures Investments
Nasdaq Ventures has made 23 investments. Their latest investment was in Kuberno as part of their Series A on April 4, 2023.
Nasdaq Ventures Investments Activity
Nasdaq Ventures Team
1 Team Member
Nasdaq Ventures has 1 team member, including current Senior Vice President, Gary D. Offner.