Nasdaq partners with Talos to manage tokenized collateral, boosting institutional asset mobility and risk control.

Nasdaq has partnered with digital asset platform Talos to integrate Talos' infrastructure with Nasdaq's Calypso and Trade Surveillance systems, creating a solution for managing tokenized collateral. This collaboration aims to overcome barriers in institutional markets by enabling real-time management of tokenized financial assets with rigorous risk and collateral controls. Nasdaq highlights that 25% of collateral, worth over $35 billion, is currently inefficiently used, and this partnership seeks to unlock that value by improving liquidity and transparency across markets. The move supports Nasdaq's broader strategy to merge on- and off-chain ecosystems, fostering innovation in global capital markets.