Nasdaq launches venture investment programme, to focus on blockchain startups

posted about 1 year ago
Nasdaq has unveiled its venture investment programme, Nasdaq Ventures, as it seeks out new fintech firms to work with in the global capital markets.

The minority stake investments made by Nasdaq Ventures are expected to range from less than $1 million to approximately $10 million and will include seed to late-stage venture rounds.

Areas of initial focus will include digital transfer/blockchain; machine learning and artificial intelligence (AI); emerging and frontier marketplaces; and next generation data, analytics and content aggregation. According to Nasdaq, the programme will not have any material implications on its capital allocation strategy.
Tags: blockchain, news