
Nasdaq Private Market (NPM) has been awarded a U.S. patent for its innovative platform that standardizes and automates the clearing and settlement of private company share transfers. This new technology addresses the long-standing issue of slow, manual, and fragmented settlement processes in private markets, which often took up to 90 days. NPM's platform streamlines workflows, reduces settlement times by an average of 12 days, and unlocks liquidity for private shareholders by creating a scalable, auditable system that works across all private companies regardless of their unique rules. This patent positions NPM as a leader in private market infrastructure, supporting the growing $5 trillion private market and enabling easier access to liquidity for employees and investors.