Technology
Blockchain technology — the next era of NASD trading infrastructure
The NASD Digital Securities Platform (N-DSP) brings blockchain to Nigeria’s OTC market. By digitising the issuance, custody, and transfer of securities, the platform reduces friction, shortens settlement timelines, and opens new opportunities for issuers and investors.
What is N-DSP?
N-DSP is a regulated platform that allows companies to tokenise equity and debt instruments on a blockchain-based ledger. Ownership records are maintained securely on chain while NASD continues to provide oversight, listing, and trading services.
Why it matters
- Faster, programmable settlement of corporate actions.
- Lower issuance costs for small and mid-cap issuers.
- Improved transparency through verifiable ownership records.
- A pathway for digital-asset-friendly investor classes to participate in regulated markets.
What’s next
NASD is engaging with potential issuers across a number of sectors. To learn about N-DSP admission, visit the N-DSP Admission Process page or contact the NASD team.