Nasdaq

Principal Protocol Engineer

Nasdaq$150K — $293K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of software engineering experience, including 4 years in smart contract or protocol-level development.
  • Expert proficiency in Solidity; familiarity with Rust (Solana/Substrate) is advantageous.
  • Experience deploying security token or regulated asset contracts on public or permissioned blockchains.
  • Thorough understanding of token standards design and U.S. equity market mechanics.
  • Ability to operate as a technical authority, creating specifications and defending design decisions.

Responsibilities

  • Design and evolve the Nasdaq Token Design Standard, including aspects like token issuance and compliance hooks.
  • Maintain a reference implementation library for licensees, ensuring clear documentation and compatibility during upgrades.
  • Define governance mechanisms balancing Nasdaq's role with ecosystem accessibility requirements.
  • Lead strategy for blockchain selection and integration, focusing on key regulatory and performance criteria.
  • Represent Nasdaq as a technical expert in external engagements and contribute to industry standards and documentation.
  • Serve as a technical lead for integrations with external platforms and cross-chain solutions.

Benefits

  • Hybrid work environment with flexibility; at least 3 days in-office.
  • Opportunity to shape industry standards at a global scale.
  • High-impact role with ownership in key projects.
  • Collaborative environment with leading experts in a rapidly evolving field.
Full Job Description
As a Principal Protocol Engineer, you'll serve as the primary technical author of the Nasdaq Token Design Standard — Nasdaq's canonical specification for representing public equity on-chain. This is a high-impact, high-ownership role at the intersection of smart contract engineering, capital markets expertise, and proprietary standards governance. Your work will define the foundation on which Nasdaq's tokenization ecosystem is built and licensed. 

You'll thrive here if you bring deep expertise in regulated asset infrastructure, think rigorously about the downstream implications of every design decision, and are energized by the opportunity to shape an emerging institutional standard at global scale. 

Key Responsibilities

  • Own the design and evolution of the Nasdaq Token Design Standard, including token issuance, transfer restriction logic, compliance hooks, corporate action processing, and record date mechanics.
  • Author andmaintainthe full reference implementation library — the proprietary IP that licensees build on — ensuring backward compatibility, clear versioning, and rigorous documentation across protocol upgrades.
  • Define governance mechanisms for the standard, balancing Nasdaq's stewardship role with the accessibility requirements of a commerciallyviableecosystem.
  • Lead chain selection strategy and integration architecture, evaluatingpermissionedand public infrastructure against settlement finality, throughput, and regulatory defensibility criteria.
  • Represent Nasdaq externally as a technical authority — engaging with ecosystem partners, contributing to industry standards bodies, and authoring white papers and public technical documentation.
  • Serve astechnicallead on integrations with external platforms, custodians, and cross-chain interoperability frameworks.

Required Qualifications 

  • 8+ years of software engineering experience, with at least 4 years in smart contract or protocol-level development. 
  • Expert-level proficiency in Solidity; working knowledge of Rust (Solana/Substrate) is a strong plus. 
  • Demonstrated production deployment of security token or regulated asset contracts on a public or permissioned chain. 
  • Deep understanding of token standards design rationale and U.S. equity market lifecycle mechanics, including corporate actions, record dates, and settlement infrastructure. 
  • Proven ability to operate as a technical authority — writing specifications, presenting to non-technical audiences, and defending design decisions to partners and regulators. 

Preferred Qualifications 

  • Prior authorship or editorial contribution to a token standard (e.g., ERC or equivalent). 
  • Familiarity with institutional blockchain infrastructure projects involving DTCC, SWIFT, or comparable settlement networks. 
  • Experience with proxy voting mechanics and their translation to on-chain governance events.

This position willbe located inNew York and offers the opportunity for a hybrid work environment at least 3 days a week in-office, subject to change, providing flexibility and accessibility for qualified candidates.

About Nasdaq

Nasdaq, Inc. is a global technology company that operates a suite of financial services businesses, including trading, clearing, exchange technology, regulatory, securities listing, and public company services. The company was founded in 1971 and is headquartered in New York, New York. Nasdaq operates in over 50 countries and has more than 4,700 employees worldwide. The company is committed to innovation and has been at the forefront of developing new technologies to improve the efficiency and transparency of financial markets.
Learn more about Nasdaq
Size
5,987 employees
Market Cap
$29.8 billion
Industry
Net Income
$933 million
Founded
1971
5 Year Trend
+9.7%
Revenue
$5.6 billion
NASDAQ

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