Ostium’s onchain perpetuals exchange to be ‘powered’ by Nasdaq data
Onchain perpetuals platform Ostium has partnered with Nasdaq to provide global traders with leveraged exposure to U.S. equities using institutional-grade market data.Summary
The decentralized perpetuals exchange Ostium has announced a partnership with Nasdaq to integrate institutional-grade market data into its platform. This collaboration allows Ostium to become the first onchain venue offering equity perpetual products backed by official Nasdaq data, facilitating global access to U.S. markets through blockchain-based transparency, instant settlement, and self-custody.
Ostium serves as a bridge between traditional finance and decentralized finance (DeFi), enabling users to trade leveraged traditional assets such as stocks and commodities. Founded by Kaledora Kiernan-Linn and Marco Antonio Ribeiro, the startup has secured $27.8 million in funding to scale its operations. This partnership follows other recent initiatives by Nasdaq to integrate tokenized equities with decentralized networks.
(Source：The Block)