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Merging Traffic Staff

May 5, 2017

Nasdaq Launches Venture Investment Program

Nasdaq recently announced their launch of a venture investment program, Nasdaq Ventures, dedicated to partnering with unique financial-technology companies worldwide.

With a commitment to accelerating the pace of innovation, the program formalizes Nasdaq’s investments in financial-technology startups, like blockchain infrastructure provider Chain.com and machine intelligence company Digital Reasoning.

The company is best known for manning stock exchanges around the world, but is also one of the largest technology providers in trading. This being said, Nasdaq was one of the earliest supporters of blockchain. Initial areas of the program’s focus not only include blockchain, but also machine learning; artificial intelligence; emerging and frontier marketplaces; and next generation data, analytics, and content aggregation.

Nasdaq is not the first financial organization to set up a venture arm to stay competitive–JPMorgan Chase & Co (JPM.N) , Citigroup Inc (C.N), and Banco Santander SA (SAN.MC) have similar programs. However, when it comes to developing technology faster, Nasdaq would go above and beyond investment dollars, according to an anonymous source interviewed by Reuters.

Merging Traffic takes pride in matching unique, emerging companies, often in fintech, with accredited investors. We stay connected to the latest in blockchain technology, AI, machine learning, entrepreneurship, and more. Learn more about developments in these areas with us.

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