Nasdaq Collaborates with Onbrane, Introduces Nasdaq Primary

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Nasdaq Collaborates with Onbrane, Introduces Nasdaq Primary

<p>Nasdaq recently announced that it has <a href="https://www.nasdaq.com/articles/nasdaq-partners-with-onbrane-to-launch-nasdaq-primary-an-all-in-one-tool-that-makes" target="_blank">partnered</a> with Onbrane, a Europe-based <a href="https://www.financemagnates.com/fintech/" target="_blank">financial technology</a> firm providing technology-driven solutions to the debt market, for the launch of Nasdaq Primary.</p><p>According to the details shared by the company in an official announcement, Nasdaq Primary is an important tool that facilitates the digitization of the process of raising debt capital by providing an all-in-one platform for market participants.</p><p>Headquartered in France, Onbrane provides a broad range of services to players in the debt market. The company has expanded its services substantially in the past few months to meet the growing demand.</p><p>"Onbrane´s purpose is to help build a better, more sustainable primary debt market. We couldn't think of a better partner than Nasdaq to do so. In addition to sharing the same passion for technology, Nasdaq and Onbrane share the same commitment and focus on bringing innovative technology to the debt market. We are very excited to partner with Nasdaq to provide the global primary debt market with a market infrastructure that answers today's growing demand for efficiency, security compliance and sustainability," said Pascal Lauffer, Onbrane's Co-Founder and Chief Executive Officer.</p><p>During the first half of 2022, Nasdaq <a href="https://www.financemagnates.com/institutional-forex/nasdaq-welcomes-almost-108-ipos-during-h1-2022/" target="_blank">welcomed more than 100 IPOs</a>. The companies raised over $12 billion during the mentioned period.</p><p>Global Debt Market</p><p>Ann-Charlotte Eliasson, the Vice President and Head of European Debt Listings and Sustainable Bonds at Nasdaq, believes that the global debt markets have changed significantly in the past few years due to the introduction of technology-driven solutions.</p><p>"The global debt markets are undergoing a paradigm shift where automated technical solutions are being introduced to support efficiency. We look forward to boosting this shift by combining Onbrane's platform with Nasdaq's extensive experience in building market solutions. We believe this partnership could benefit all market participants," Eliasson highlighted in the recent announcement.</p>

This article was written by Bilal Jafar at www.financemagnates.com.

Source: Nasdaq Collaborates with Onbrane, Introduces Nasdaq Primary