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

The CEO of Nasdaq recommended Wednesday that the business might open a cryptocurrency exchange in the future.

The topic showed up throughout an interview with CNBC, throughout which CEO Adena Friedman revealed openness to the concept.

” Definitely Nasdaq would think about ending up being a crypto exchange in time,” Friedman mentioned, including:

” If we do take a look at it and state ‘it’s time, individuals are prepared for a more regulated market,’ for something that offers a reasonable experience for financiers … I think that digital currencies will continue to continue it’s simply a matter of for how long it will consider that area to grow. When you take a look at it and state, ‘do we wish to offer a regulated market for this?’ Definitely Nasdaq would consider it.”

While Nasdaq is not likely to introduce such a service anytime quickly, the business is no complete stranger to the tech itself. In addition to playing the home of a number of blockchain-focused ETFs along with public business that are concentrated on the innovation, Nasdaq has an enduring relationship with blockchain start-up Chain.

And as formerly reported, the business has actually dealt with innovation applications, as shown through patent filings. For instance, the business was granted a patent in October for a data-matching system that uses blockchain as a way to track trades and clearing positions.

Nasdaq indication image by means of Shutterstock

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