Companies

N-DSP Admission Process

Access new sources of capital and connect with investors through the NASD marketplace. Our markets provide flexible admission routes designed to support companies at different stages of growth.

View Admission Steps Speak to Our Team

About N-DSP (Digital Securities Platform)

N-DSP enables companies to issue and trade tokenized securities using blockchain technology. The platform brings issuers, investors, brokers and custodians onto a single regulated infrastructure, with faster settlement and a transparent record of ownership.

Admission follows the same regulated route as our other markets, with requirements set out for each type of participant.

Best Suited for

Tokenized securities issuance
Digital asset financing
Forward-driven companies

Technology professional reviewing digital securities data on a tablet in a data centre

Requirements for Digital Assets Admission

Follow these simple steps to admit your company or security to the N-DSP platform, or join as a participating institution.

Issuers

1Complete N-DSP Form 1.
2Submit completed form and non-refundable fees payable in full at the time of application, accompanied by the listed supporting documents. Download the full admission document to see supporting documents and payable fees

Authorized traders

1Complete N-DSP Form 2b — registration as an authorised trader.
2Submit the completed form with the applicable registration fee. Download the full admission document to see supporting documents and payable fees

Custodians

1Complete N-DSP Form 4a — custodian registration.
2Submit the completed form with supporting documents. Download the full admission document to see supporting documents and payable fees

Other Participating Institutions

1Complete N-DSP Form 2a — participating institution registration.
2Submit completed form and non-refundable fees payable in full at the time of application. Download the full admission document to see supporting documents and payable fees

N-DSP Listing Requirements Document

Download the full admission document for detailed disclosure requirements and obligations.

Download

Company Admission Process

Follow these steps to admit your company or security to the NASD Digital Securities Platform.

Step 1
Pre-Admission
Board appoints Issuing House, fills application, and returns with fee. Board submits signed undertaking and supporting documents.
Step 2
Review
NASD will review company structure. After due diligence, NASD will give approval in principle.
Step 3
Approval & Admission
Company will open a register with CSCS. 100% dematerialization of shares can commence.
Step 4
Announcement
Company announces admission to the NASD OTC Market. Trading on securities commences.

View Detailed Admission Guidelines

FAQs

Some of the commonly asked questions you may have about N-DSP (Digital Securities Platform).

What is the N-DSP Admission Process?
It is the process for onboarding digital assets onto the NASD Digital Securities Platform.
What type of assets can be admitted?
Digital or tokenized securities approved by NASD.
Who can use the N-DSP platform?
Companies and issuers looking to offer digital securities.
What are the key benefits?
It allows faster access to investors using digital infrastructure.
Are there specific compliance requirements?
Yes. Issuers must meet digital asset and regulatory standards prescribed by the SEC and NASD.
Do I need a technical partner?
In many cases, yes, to support tokenization and setup.
How is this different from traditional listing?
It uses digital processes instead of manual or paper-based systems.
Is investor access restricted?
Access may depend on the type of offering and approval level.
What documents are required?
Issuer details, asset structure, and compliance documentation.
How do I start the process?
Contact NASD or follow the onboarding steps on the platform.

Ready to Take the Next Step?

Speak with our team to explore the right market for your company.

Speak with our team Download Guidelines Overview

Equities trading

Debts

Indices & Market Stats

Data Services

Market Regulation

Join as a Member/Partner

Coming soon

Trade on the go with NASDmobile

N-DSP Admission Process

About N-DSP (Digital Securities Platform)

Best Suited for

Requirements for Digital Assets Admission

Issuers

Authorized traders

Custodians

Other Participating Institutions

N-DSP Listing Requirements Document

Company Admission Process

Pre-Admission

Review

Approval & Admission

Announcement

FAQs

Ready to Take the Next Step?

Submit N-DSP Admission Request

N-DSP Form 1

Submit N-DSP Admission Request

N-DSP Form 2b

Submit N-DSP Admission Request

N-DSP Form 4a

Submit N-DSP Admission Request

N-DSP Form 2a

N-DSP Admission Process

About N-DSP (Digital Securities Platform)

Best Suited for

Requirements for Digital Assets Admission

Issuers

Authorized traders

Custodians

Other Participating Institutions

N-DSP Listing Requirements Document

Company Admission Process

Pre-Admission

Review

Approval & Admission

Announcement

FAQs

Ready to Take the Next Step?

Join our newsletter