Bitcoin
Bitcoin (BTC)
$64,194.00 -2.68897
Bitcoin price
Ethereum
Ethereum (ETH)
$3,171.00 -7.97021
Ethereum price
BNB
BNB (BNB)
$561.89 -3.93122
BNB price
Solana
Solana (SOL)
$170.89 -1.67621
Solana price
XRP
XRP (XRP)
$0.6080370 1.04525
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000162 -5.08292
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000118 -3.2486
Pepe price
Bonk
Bonk (BONK)
$0.0000266 -5.5528
Bonk price
Bitcoin
Bitcoin (BTC)
$64,194.00 -2.68897
Bitcoin price
Ethereum
Ethereum (ETH)
$3,171.00 -7.97021
Ethereum price
BNB
BNB (BNB)
$561.89 -3.93122
BNB price
Solana
Solana (SOL)
$170.89 -1.67621
Solana price
XRP
XRP (XRP)
$0.6080370 1.04525
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000162 -5.08292
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000118 -3.2486
Pepe price
Bonk
Bonk (BONK)
$0.0000266 -5.5528
Bonk price
Bitcoin
Bitcoin (BTC)
$64,194.00 -2.68897
Bitcoin price
Ethereum
Ethereum (ETH)
$3,171.00 -7.97021
Ethereum price
BNB
BNB (BNB)
$561.89 -3.93122
BNB price
Solana
Solana (SOL)
$170.89 -1.67621
Solana price
XRP
XRP (XRP)
$0.6080370 1.04525
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000162 -5.08292
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000118 -3.2486
Pepe price
Bonk
Bonk (BONK)
$0.0000266 -5.5528
Bonk price
Bitcoin
Bitcoin (BTC)
$64,194.00 -2.68897
Bitcoin price
Ethereum
Ethereum (ETH)
$3,171.00 -7.97021
Ethereum price
BNB
BNB (BNB)
$561.89 -3.93122
BNB price
Solana
Solana (SOL)
$170.89 -1.67621
Solana price
XRP
XRP (XRP)
$0.6080370 1.04525
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000162 -5.08292
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000118 -3.2486
Pepe price
Bonk
Bonk (BONK)
$0.0000266 -5.5528
Bonk price

Nasdaq repurposes crypto tech for wider financial service uses

nasdaq-repurposes-crypto-tech-for-wider-financial-service-uses
Edited by
News
Nasdaq repurposes crypto tech for wider financial service uses

Nasdaq Inc. is adapting its previously developed cryptocurrency technology to offer an institutional-grade platform for various asset markets, including digital assets and carbon trading.

After halting its U.S. cryptocurrency custodian business launch in July, Nasdaq continues to develop technology for tokenized assets.

In a Bloomberg Television interview, Nasdaq co-president Tal Cohen revealed plans to introduce this technology as a comprehensive service. This pivot aims to offer an institutional-grade platform supporting digital assets and markets like carbon trading.

This shift comes as mainstream financial institutions, including Nasdaq, reassess their involvement in digital assets amid increasing regulatory scrutiny. Despite stepping back from directly engaging in cryptocurrency-related businesses, Nasdaq maintains its focus on developing technology to manage crypto assets for clients.

Nasdaq’s decision aligns with broader trends in financial markets. For instance, U.K.-based firms, like Arm Holdings, are increasingly choosing U.S. markets, particularly Nasdaq, for significant public offerings, as seen in one of 2023’s largest share sales.

Addressing the European market, Cohen expressed Nasdaq’s readiness to collaborate with European lawmakers. He highlighted challenges such as complex tax regimes and regulations, advocating for changes to make Europe more appealing for listings.