NASD PLC
OTC Market
NASD Digital Securities Platform

The Future of Securities, Digitized

The NASD Digital Securities Platform (N-DSP) enables the issuance and trading of digital securities using secure, blockchain-based infrastructure.

N-DSP
  • Tokenized securities (equity & debt)
  • Blockchain-based infrastructure
  • Secure ownership records
  • Efficient transaction processes

What is N-DSP?

N-DSP is a technology-driven platform that allows companies to issue and manage digital versions of securities, such as equity or debt instruments, using blockchain infrastructure.

These digital securities represent real financial assets, offering improved efficiency in issuance, ownership tracking, and transaction processing.

The platform combines innovation with regulatory oversight to ensure secure and transparent participation.

Built for the Next-Generation of Market Participants

  • For Issuers

    • Issue digital versions of securities
    • Access new pools of investors
    • Reduce issuance complexity
    • Improve transparency
  • For Investors

    • Access digital asset-backed investments
    • Participate in innovative markets
    • Track ownership securely
    • Diversify into new asset classes
  • For Institutions

    • Explore modern capital market infrastructure
    • Access a broader range of securities
    • Participate in digital asset ecosystems
    • Support innovation in finance

From Issuance to Ownership

See how securities are created, tokenized, and owned through N-DSP.

  1. Step 1

    Asset Structuring

    The issuer defines the asset and offering structure.

  2. Step 2

    Tokenization

    The security is converted into a digital token on the platform.

  3. Step 3

    Offering

    Investors access and subscribe to the offering.

  4. Step 4

    Allocation

    Tokens are allocated to investors based on participation.

  5. Step 5

    Ownership Tracking

    Ownership is recorded and maintained securely on the system.

What Can Be Digitized

See the efficiency, transparency, and security digital securities bring to issuers and investors.

1. Increased Efficiency

Faster issuance and reduced manual processes.

Investor reviewing a digital asset

2. Enhanced Transparency

Clear and verifiable ownership records.

Reviewing ownership records on a tablet

3. Secure Infrastructure

Blockchain-based systems reduce risk of tampering.

Secure digital infrastructure

4. Cost Optimization

Lower operational and administrative costs.

Analyst reviewing performance on a laptop

What Can Be Digitized

  • Equity shares
  • Corporate bonds
  • Physical Assets
  • Alternative assets

FAQs

Some of the commonly asked questions about buying and investing in digital securities on N-DSP.

  • What is NASD PLC?
    NASD PLC is Nigeria's licensed Over-The-Counter Securities Exchange, regulated by SEC Nigeria. It provides a transparent venue for trading unlisted public securities.
  • What services does NASD provide?
    NASD operates a regulated OTC trading platform, provides market data and reporting, and supports companies seeking alternative routes to capital and shareholder liquidity.
  • How is NASD different from other exchanges?
    NASD focuses on unlisted public securities and offers a flexible listing pathway. Compared to a main-board listing, NASD typically has lower entry barriers while maintaining regulatory oversight.
  • Who regulates the NASD OTC market?
    The Securities and Exchange Commission (SEC) of Nigeria regulates NASD and the issuers admitted on its market.
  • What securities can be traded on NASD?
    Equities, bonds, commercial papers, and other admitted instruments. See the Admitted Companies page for the current list.
  • How are security prices determined on NASD?
    Prices are set by the matching of buy and sell orders submitted by licensed brokers, with NASD providing transparent price publication.
  • What are the trading hours on the NASD OTC market?
    See Hours & Holidays for the current schedule, including any market holidays.
  • How are trades settled on NASD?
    Trades settle through NASD's clearing arrangements with licensed market intermediaries. Your broker can confirm the timeline for your specific trade.
  • Can NASD traded securities be used as collateral?
    Subject to lender policy. Several admitted securities are accepted as collateral by Nigerian financial institutions.

Step Into the Future of Investing

Explore how digital securities can transform the way you issue, invest, and manage assets.

Join our newsletter

Stay informed with the latest market updates, insights, and announcements from NASD.