{"id":34041,"date":"2026-03-24T12:03:12","date_gmt":"2026-03-24T12:03:12","guid":{"rendered":"https:\/\/buvei.com\/blog\/?p=34041"},"modified":"2026-03-24T12:03:12","modified_gmt":"2026-03-24T12:03:12","slug":"nasdaq-partners-with-talos-on-tokenized-collateral-integration","status":"publish","type":"post","link":"https:\/\/buvei.com\/blog\/nasdaq-partners-with-talos-on-tokenized-collateral-integration\/","title":{"rendered":"Nasdaq Partners with Talos on Tokenized Collateral Integration"},"content":{"rendered":"<p data-start=\"369\" data-end=\"757\"><strong data-start=\"369\" data-end=\"379\">Nasdaq<\/strong> has announced a new partnership with <strong data-start=\"417\" data-end=\"426\">Talos<\/strong>, integrating the digital asset infrastructure provider into its <strong data-start=\"491\" data-end=\"502\">Calypso<\/strong> and <strong data-start=\"507\" data-end=\"529\">Trade Surveillance<\/strong> platforms. The collaboration aims to bring <strong data-start=\"573\" data-end=\"597\">tokenized collateral<\/strong> into mainstream institutional workflows, following the <strong data-start=\"653\" data-end=\"671\">SEC\u2019s approval<\/strong> of Nasdaq\u2019s proposal to pilot the trading of tokenized equities and other securities.<\/p>\n<p data-start=\"369\" data-end=\"757\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-34042\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-18-2.webp\" alt=\"\" width=\"1600\" height=\"896\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-18-2.webp 1600w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-18-2-300x168.webp 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-18-2-1024x573.webp 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-18-2-768x430.webp 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-18-2-1536x860.webp 1536w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-18-2-400x224.webp 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-18-2-800x448.webp 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-18-2-832x466.webp 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-18-2-1248x699.webp 1248w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/p>\n<h2 data-section-id=\"1p8c6jx\" data-start=\"764\" data-end=\"813\">A Groundbreaking Move for<a href=\"https:\/\/buvei.com\/blog\/mobile-banking-security-2025\/\"> Tokenized Securities<\/a><\/h2>\n<p data-start=\"815\" data-end=\"1156\">The SEC\u2019s approval of Nasdaq\u2019s <strong data-start=\"846\" data-end=\"868\">tokenized equities<\/strong> proposal will allow certain widely traded stocks to be bought and sold either traditionally or as blockchain-based tokens. This pilot program, initially submitted in <strong data-start=\"1035\" data-end=\"1048\">September<\/strong>, will involve the <strong data-start=\"1067\" data-end=\"1101\">Depository Trust Company (DTC)<\/strong>, the U.S. market\u2019s post-trade infrastructure provider.<\/p>\n<p data-section-id=\"jf89rs\" data-start=\"1158\" data-end=\"1216\">Roland Chai, Executive Vice President at Nasdaq, said:<\/p>\n<blockquote data-start=\"1218\" data-end=\"1422\">\n<p data-start=\"1220\" data-end=\"1422\">\u201cThis partnership builds on a series of strategic initiatives designed to converge on- and off-chain market ecosystems, while preserving the liquidity, transparency, and integrity of regulated markets.\u201d<\/p>\n<\/blockquote>\n<h2 data-start=\"1124\" data-end=\"1167\"><a href=\"https:\/\/buvei.com\/?s=blog\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-28870 aligncenter\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-300x90.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-768x230.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-400x120.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-800x240.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-832x249.png 832w\" alt=\"\" width=\"1024\" height=\"307\" \/><\/a><\/h2>\n<h2 data-section-id=\"i0vnra\" data-start=\"1429\" data-end=\"1474\">Connecting Digital and Traditional Markets<\/h2>\n<p data-start=\"1476\" data-end=\"1856\">The partnership aims to bridge the gap between <strong data-start=\"1523\" data-end=\"1541\">digital assets<\/strong> and <strong data-start=\"1546\" data-end=\"1580\">traditional collateral systems<\/strong>, offering a seamless integration for <strong data-start=\"1618\" data-end=\"1645\">institutional workflows<\/strong>. By combining Talos\u2019 <strong data-start=\"1667\" data-end=\"1699\">digital asset infrastructure<\/strong> with Nasdaq\u2019s <strong data-start=\"1714\" data-end=\"1734\">Calypso platform<\/strong>, the collaboration will allow institutions to manage <strong data-start=\"1788\" data-end=\"1830\">both on-chain and off-chain collateral<\/strong> in a unified environment.<\/p>\n<p data-start=\"1858\" data-end=\"2079\">The <strong data-start=\"1862\" data-end=\"1882\">Calypso platform<\/strong> is widely used for <strong data-start=\"1902\" data-end=\"1945\">margin, risk, and collateral management<\/strong> across traditional asset classes, and this integration will offer institutions a more consistent view of exposure across asset types.<\/p>\n<p data-start=\"2081\" data-end=\"2252\">The integration will also provide connectivity to <strong data-start=\"2131\" data-end=\"2145\">custodians<\/strong> and <strong data-start=\"2150\" data-end=\"2168\">trading venues<\/strong> across both <strong data-start=\"2181\" data-end=\"2196\">traditional<\/strong> and <strong data-start=\"2201\" data-end=\"2220\">digital markets<\/strong>, enhancing workflow efficiency.<\/p>\n<h2 data-section-id=\"1q94x7k\" data-start=\"2259\" data-end=\"2308\">Extending Trade Surveillance to Digital Assets<\/h2>\n<p data-start=\"2310\" data-end=\"2631\">A key feature of this collaboration is the integration of <strong data-start=\"2368\" data-end=\"2408\">Nasdaq\u2019s Trade Surveillance platform<\/strong> into <strong data-start=\"2414\" data-end=\"2424\">Talos\u2019<\/strong> services. This move will extend <a href=\"https:\/\/buvei.com\/blog\/polands-crypto-crossroads-industry-demands-law-amidst-criticism\/\"><strong data-start=\"2457\" data-end=\"2491\">institutional-grade monitoring<\/strong><\/a> to digital asset trading activity, addressing the growing need for comprehensive surveillance across traditional and digital asset classes.<\/p>\n<p data-section-id=\"10qaqfy\" data-start=\"2633\" data-end=\"2688\">Anton Katz, Co-Founder and CEO of Talos, commented:<\/p>\n<blockquote data-start=\"2690\" data-end=\"2947\">\n<p data-start=\"2692\" data-end=\"2947\">\u201cThe evolution toward tokenized collateral is a natural progression for institutional capital markets. Firms can connect workflows for execution, risk, collateral, and compliance to reduce operational friction across both on- and off-chain asset classes.\u201d<\/p>\n<\/blockquote>\n<h2 data-section-id=\"bh9p2i\" data-start=\"2954\" data-end=\"3000\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-33294\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-50.webp\" alt=\"\" width=\"1600\" height=\"896\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-50.webp 1600w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-50-300x168.webp 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-50-1024x573.webp 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-50-768x430.webp 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-50-1536x860.webp 1536w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-50-400x224.webp 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-50-800x448.webp 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-50-832x466.webp 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-50-1248x699.webp 1248w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/>Streamlining Collateral and Risk Management<\/h2>\n<p data-start=\"3002\" data-end=\"3355\">The partnership targets the <strong data-start=\"3030\" data-end=\"3047\">fragmentation<\/strong> in collateral and risk workflows that has traditionally existed between <strong data-start=\"3120\" data-end=\"3131\">digital<\/strong> and <strong data-start=\"3136\" data-end=\"3176\">traditional asset management systems<\/strong>. By providing a <strong data-start=\"3193\" data-end=\"3214\">unified framework<\/strong>, Nasdaq and Talos aim to reduce operational friction and facilitate the scaling of <strong data-start=\"3298\" data-end=\"3325\">tokenization strategies<\/strong> within institutional markets.<\/p>\n<p data-start=\"3357\" data-end=\"3625\">This collaboration represents a critical step in <strong data-start=\"3406\" data-end=\"3430\">tokenized collateral<\/strong> becoming a mainstream part of institutional capital markets, as both <strong data-start=\"3500\" data-end=\"3510\">Nasdaq<\/strong> and <strong data-start=\"3515\" data-end=\"3524\">Talos<\/strong> work to <strong data-start=\"3533\" data-end=\"3551\">bridge the gap<\/strong> between traditional finance and the evolving world of <strong data-start=\"3606\" data-end=\"3624\">digital assets<\/strong>.<\/p>\n<p data-section-id=\"uoziem\" data-start=\"3632\" data-end=\"3649\">Key Takeaways:<\/p>\n<ul data-start=\"3651\" data-end=\"4296\">\n<li data-section-id=\"pbbco7\" data-start=\"3651\" data-end=\"3858\">Nasdaq and Talos have partnered to bring <strong data-start=\"3694\" data-end=\"3718\">tokenized collateral<\/strong> to institutional workflows by integrating <strong data-start=\"3761\" data-end=\"3794\">Talos' digital infrastructure<\/strong> with Nasdaq's <strong data-start=\"3809\" data-end=\"3820\">Calypso<\/strong> and <strong data-start=\"3825\" data-end=\"3847\">Trade Surveillance<\/strong> platforms.<\/li>\n<li data-section-id=\"1xmkkvu\" data-start=\"3859\" data-end=\"4010\">The collaboration follows the <a href=\"https:\/\/buvei.com\/blog\/paying-zynga-games-with-virtual-cards-secure-gaming-payments-guide-2026\/\"><strong data-start=\"3891\" data-end=\"3909\">SEC\u2019s approval<\/strong><\/a> of Nasdaq\u2019s pilot to trade <strong data-start=\"3937\" data-end=\"3959\">tokenized equities<\/strong> alongside traditional versions of the same stocks.<\/li>\n<li data-section-id=\"l64bi0\" data-start=\"4011\" data-end=\"4163\">This integration will provide institutions with <strong data-start=\"4061\" data-end=\"4079\">a unified view<\/strong> of exposure and help manage <strong data-start=\"4108\" data-end=\"4145\">on-chain and off-chain collateral<\/strong> more efficiently.<\/li>\n<li data-section-id=\"17q6j0x\" data-start=\"4164\" data-end=\"4296\">Talos clients will gain access to <strong data-start=\"4200\" data-end=\"4231\">Nasdaq's Trade Surveillance<\/strong>, extending institutional-grade monitoring to <strong data-start=\"4277\" data-end=\"4295\">digital assets<\/strong>.<\/li>\n<\/ul>\n<h2 data-start=\"1124\" data-end=\"1167\"><a href=\"https:\/\/buvei.com\/?s=blog\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-28870 aligncenter\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-300x90.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-768x230.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-400x120.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-800x240.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-832x249.png 832w\" alt=\"\" width=\"1024\" height=\"307\" \/><\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"Nasdaq has announced a new partnership with Talos, integrating the digital asset infrastructure provider into its Calypso and&hellip;","protected":false},"author":4,"featured_media":34042,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":""},"categories":[6,1],"tags":[5691,4813,5088,7035],"class_list":{"0":"post-34041","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-payment-basics","9":"tag-advertising-payments","10":"tag-buvei-virtual-card","11":"tag-secure-online-payments","12":"tag-virtual-debit-card","13":"cs-entry"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts\/34041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/comments?post=34041"}],"version-history":[{"count":0,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts\/34041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/media\/34042"}],"wp:attachment":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/media?parent=34041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/categories?post=34041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/tags?post=34041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}