Nasdaq Venture Capital announced the next step will focus on investing in AI, blockchain companies

NASDAQ Ventures recently announced that they have begun to shift their investment horizons to companies in the field of blockchain, artificial intelligence, next-generation data analysis and machine learning. The Nasdaq Ventures said that it will invest approximately US$10 million in related startups, including investment in the seed business and post-business.

This move can be considered as an expansion of Nasdaq's investment in the blockchain sector. As early as mid-2015, Nasdaq teamed up with Blockchain startup, Chain, to develop a distributed ledger market for IPO early-stage markets.

Adena Friedman, CEO and chairman of Nasdaq, said in a statement: “The implementation of this new investment project allows us to evaluate, classify, authorize, and integrate these breakthrough technologies so that we have continuous growth and innovation. , also has good long-term benefits for our global customers."

Nasdaq also tested blockchain technology elsewhere. In February 2016, Nasdaq tested an electronic voting system prototype based on blockchain technology in the Estonian stock market. In January of this year, Nasdaq said in a report that they believe that this test successfully demonstrated that blockchain technology can be applied in scenarios other than market transactions.

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