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Nasdaq passes blockchain milestone with share issue

Exchange group's Linq technology used to carry out and document the sale of shares to private investor for the first time

Nasdaq has been one of the frontrunners of exploring blockhain's potential in finance
Nasdaq has been one of the frontrunners of exploring blockhain's potential in finance

Nasdaq, a frontrunner in efforts to bring blockchain into the world of finance, says it has used the technology to document the issue of shares for the first time.

The exchange group said in a statement on December 30 that it had used its Nasdaq Linq technology to carry out and record an issue of shares by Chain.com - itself a blockchain technology company - to a private investor.

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