Nasdaq's senior vice president and head of Nasdaq Digital Assets disclosed that the group is committed to ensuring all necessary regulatory approvals and technical infrastructure are in place.
), with plans to eventually build a broad suite of services for the group’s digital assets division, including execution for financial institutions, Auerbach reportedly shared.
With traditional financial institutions stepping up to fill the gap left by bankruptcies in the crypto industry, Nasdaq's entry could potentially be a game-changer for the sector. Its reputation and size in the global exchange market could help boost institutional investor confidence in the crypto market, paving the way for more traditional financial institutions to follow suit.
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