The fund markets are seen by SEB and Nasdaq as ripe ground for a blockchain trial, because, in contrast to the equities market, which relies on a Central Securities Depository (CSD), the Swedish fund market lacks a central, primary point for registering holdings. 

Using blockchain, the market can replace the costly processes that are normally used to ensure secure trading, including paper-driven processes and follow-up phonecalls. Nasdaq and SEB are using chain.com’s ledger technology.

Read more:
http://nordic.businessinsider.com/nasdaq-and-seb-are-setting-blockchain-free-on-the-mutual-fund-markets-in-new-trial-2017-10


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