NASDAQ offers crypto attitude services by mid-2023

NASDAQ offers crypto attitude services by mid-2023
The leading stock exchange-Nasdaq Inc.-could make another advance towards the cryptocurrency sector by introducing custody services by the end of the second quarter of this year.
Fidelity and Bank of New York Mellon are other financial giants that offer such options.
- Ira Auerbach-Senior Vice President and Head of Nasdaq Digital Assets- called Preserver-Spaces = "True"> Stocking group strives to receive all necessary permits in the coming months and to build the technical infrastructure for the platform.
- If everything goes according to plan, Nasdaq in mid -2023 could begin with the custody of cryptocurrencies.
- In addition, she applied for a Limited Purpose Trust Company Charter to monitor the new business at the New York finance ministry.
- other known names in the financial sector that already act as crypto custody are America's oldest bank- Bny Mellon -and the broker gigant-Fidelity Investments.
- The safe storage of digital assets such as Bitcoin and Ether could be a significant step for Nasdaq, but not their first effort in the world of cryptography.
- es joined in September last year and founded a department called Nasdaq Digital Assets to help institutions are ready to explore the investment class.
- Tal Cohen - Executive Vice President of the Stock Exchange - commented that such companies have already shown an increasing interest in crypto, and praised his company as well positioned to accelerate wider acceptance and to promote sustainable growth.
"The technology that underpins the digital asset ecosystem has the potential to change the markets in the long term. In order to use this opportunity, we will concentrate on offering institutional solutions that offer more liquidity, integrity and transparency to support the development Friedman added.
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