Nasdaq needs clear regulations to launch crypto exchange VP
Nasdaq said that the retail side of the crypto market is quite saturated at the moment with many service providers looking to fulfill retail investors’ needs. Nasdaq, the United States stock exchange, has no immediate plans of launching a crypto exchange until there’s better regulatory clarity from policymakers, said Tal Cohen, the company’s executive vice president.In an interview with Bloomberg, Cohen said that the retail side of the crypto market is fairly saturated and there are enough crypto exchanges catering to the needs of retail investors. He added that his firm would continue its....
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Nasdaq has announced the launch of “Nasdaq Digital Assets” citing increased demand for digital assets among institutional investors in recent years. Initially, the new crypto unit will offer custody solutions for bitcoin and ether to institutional investors.
Nasdaq Establishes Crypto Unit
Nasdaq (Nasdaq: NDAQ), the world’s second-largest stock exchange, announced Tuesday the launch of a new business called “Nasdaq Digital Assets.” Initially, Nasdaq Digital Assets will develop an institutional-grade custody solution, the announcement....
Brazil’s Hashdex is teaming up with Nasdaq to bring the world’s first Bitcoin ETF to the Bermuda Stock Exchange. Regulated Brazilian fund manager Hashdex has inked a deal with Nasdaq to launch the world’s first crypto asset exchange-traded fund (ETF) on the Bermuda Stock Exchange (BSX).The stock exchange announced it had approved the ‘Hashdex Nasdaq Crypto Index’ on September 18, revealing that 3 million Class E shares will be issued for trade on the platform. Cointelegraph Brazil confirmed the Nasdaq partnership and ETF with Hashdex’s chief executive, Marcelo SampaioAccording to local....
According to reports, equity exchange operator Nasdaq is soon to make its entry into the institutional crypto custody service. The reason behind this move can be alluded to as increasing the scope of the operator’s range of services that have been provided within this particular space. Nasdaq is a firm that operates in the markets […]
Overstock has confirmed that Nasdaq is not using its tØ blockchain platform to clear trades. Rumours suggesting that Nasdaq - which unveiled its own blockchain-based platform last week - was using the online retailer's blockchain platform to settle trades first surfaced on Reddit earlier today. However, a representative from Overstock told CoinDesk: "That thread is completely mistaken. NASDAQ is doing something similar to, but not using our platform." First announced in May, Nasdaq Linq will facilitate the transfers and sale of stock in private companies. The product is currently being....
Sweden's Nasdaq exchange has approved a bitcoin-based exchange traded note (ETN), opening up investment in the digital currency to those who do not want to directly purchase and hold bitcoins. The Bitcoin Tracker One, launched by Stockholm-based XBT Provider AB, which is owned by the KnC Group and is expected to launch on 18th May. In a statement, Alexander Marsh, chief executive officer of XBT Provider AB, said: "By enabling this easy and secure way to invest in bitcoin we hope to have eliminated the boundaries that earlier prevented individuals and companies from being able to actively....