Nasdaq plans to integrate its collateral and monitoring system with Talos's institutional trading system

According to Cointelegraph, Nasdaq plans to integrate its Calypso risk and collateral platform and trading surveillance system with the institutional trading tools of digital asset infrastructure company Talos.

This integration aims to provide institutional clients with a "unified" workflow for managing tokenized collateral and monitoring for market manipulation in cryptocurrencies and traditional assets. This move is intended to alleviate bottlenecks in institutional tokenization and bring "institutional-grade" compliance standards to the digital asset market.

Nasdaq cited internal research indicating that approximately $35 billion in collateral is frozen in "corrective and non-interest-bearing measures."