In an effort to modernize the plumbing of Wall Street, Nant Global Finance, Inc. (NANT) announced the launch of a fully integrated, blockchain-enabled capital markets platform. The new ecosystem combines traditional regulated brokerage and investment banking with real-time blockchain settlement, positioning itself as a bridge between traditional finance and the digital asset era.
This announcement follows a series of strategic steps taken by NANT to consolidate the infrastructure needed to trade, settle and record securities using smart contracts.
A massive infrastructure game
NANT has completed the 100% acquisition of several key players in the fintech sector, including:
- Horizon Globex GmbH: The technology provider that powers the Upstream exchange.
- Share Transfer and BlockAgent: Two US-based transfer agents who manage investor records and custody of digital assets.
In addition to these completed transactions, NANT has entered into agreements to acquire full ownership of three FINRA-regulated entities: AOS, Inc. (parent of TradingBlock and MoneyBlock), Digital Offering, LLCAnd Arkonis Capital LLC. These acquisitions are currently awaiting regulatory approval, with NANT currently holding a 24% stake in each.
The company is supported by Dr. Patrick Soon-Shiongcancer researcher and owner of Los Angeles Times Media Group. Dr. Soon-Shiong, who joins NANT’s advisory board, brings to the company a portfolio of 65 blockchain and smart contract patents.
The Los Angeles Times Media Group will serve as a strategic partner to drive investor education and market visibility. This includes a partnership with the New York Stock Exchange (NYSE) for on-ground and live streaming, ensuring NANT’s digital initiatives have a direct line to the traditional investing audience.
The move to real-time settlement
While many blockchain companies focus on private assets or cryptocurrencies, NANT targets multi-billion dollar public markets. The company’s goal is to transition traditional National Market System (NMS) securities, such as those traded on the NYSE and NASDAQ, to a tokenized format.
The main advantage of this change is instant payment. Currently, most stock trades take one to two days to settle; NANT’s infrastructure is designed to manage these transactions in real time, significantly reducing counterparty risk and costs for institutions and individual retail traders.
Leadership and vision
The company is led by an experienced management team, including CEO Mark Elenowitz and president Vincent Molinari.
“The operating system of US capital markets is being rebuilt to embrace tokenization,” Dr. Soon-Shiong said in a statement. “This infrastructure is necessary for the nearly $3 trillion in securities transactions per day to be settled almost instantly and more cost-effectively. »
Once the pending acquisitions receive FINRA approval, NANT intends to operate as a consolidated, multi-licensed financial group. This will include its own Alternative Trading System (ATS)allowing brokers to access NANT’s blockchain liquidity and settlement tools through custom applications.
Taken from information provided by NANT Global Finance.
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