Overstock has confirmed that Nasdaq is not using its tØ blockchain platform to clear trades.
However, a representative from Overstock told CoinDesk:
First announced in May, Nasdaq Linq will facilitate the transfers and sale of stock in private companies.
The product is currently being trialled by a few select startups including blockchain technology firm Chain – which worked with Nasdaq to develop the platform – and social tipping service ChangeTip.
Nasdaq further commented on the rumors, stating that it is not using tØ technology in its blockchain products.
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