SEB Joins Nasdaq to Leverage Chain’s Technology for Swedish Mutual Funds

[kreslik.news]

Swedish financial group Skandinaviska Enskilda Banken AB (STO:SEB-A) and Nasdaq, Inc. (Nasdaq:NDAQ) have announced a joint project to test a mutual fund trading platform based on blockchain technology.

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“With the help of a blockchain we can create a faster, simpler, more effective and reliable fund market,” said Göran Fors, acting head of Investor Services at SEB. “Funds are increasingly important for our clients and it is with great pleasure that we can announce this important project together with Nasdaq.”

“By leveraging blockchain technology there is strong ... (read more)