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Nasdaq ‘Would Consider’ Creating a Crypto Exchange, Says CEO

The CEO of Nasdaq steered Wednesday that the corporate may open a cryptocurrency change sooner or later.

The topic got here up in an interview with CNBC, throughout which CEO Adena Friedman expressed openness to the concept.

“Definitely Nasdaq would contemplate changing into a crypto change over time,” Friedman remarked, including:

“If we do have a look at it and say ‘it is time, persons are prepared for a extra regulated market,’ for one thing that gives a good expertise for buyers… I consider that digital currencies will proceed to persist it is only a matter of how lengthy it’ll take for that house to mature. When you have a look at it and say, ‘will we need to present a regulated marketplace for this?’ Definitely Nasdaq would contemplate it.”

Whereas Nasdaq is unlikely to launch such a service anytime quickly, the corporate isn’t any stranger to the tech itself. Along with taking part in dwelling to a number of blockchain-focused ETFs in addition to public firms which are centered on the expertise, Nasdaq has a long-standing relationship with blockchain startup Chain.

And as beforehand reported, the corporate has labored on expertise purposes, as demonstrated by patent filings. For instance, the corporate was awarded a patent in October for a data-matching system that employs blockchain as a way to trace trades and clearing positions.

Nasdaq signal picture by way of Shutterstock

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Written by Nikolai

Nikolai is a Canadian writer currently living in Singapore. His started writing on Blockchian and bitcoin since 2017, he do Reviews and Analysis on Coins, ICOs. He holds a Master in Business Management and have keen interest in Computer Since, Blockchain and love to write on latest trends in Blockchain space.

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