In the wake of the booming
cryptocurrency industry and the emergence of numerous crypto-centric firms, a pertinent question arises: Will NASDAQ, the leading global electronic marketplace for trading securities, fill the gap left by these specialized firms? With the crypto market expanding rapidly and attracting significant investments, NASDAQ, as a traditional financial exchange, faces the challenge of adapting to this new landscape. Will it leverage its vast resources and technological prowess to capture a share of the crypto market? Or will it remain focused on its traditional offerings, leaving the crypto space to be dominated by specialized firms? The answer to this question holds significant implications for the future of both NASDAQ and the cryptocurrency industry.
5 answers
Nicola
Fri Jul 19 2024
Nasdaq's move comes as a strategic response to capitalize on the growing interest in digital assets from institutional investors.
SsamziegangSerenadeMelody
Fri Jul 19 2024
Nasdaq revealed its ambitions in September, aiming to cater to the surging demand from institutional crypto investors.
KDramaCharm
Fri Jul 19 2024
As traditional financial institutions, Nasdaq seeks to bridge the gap created by the closure of crypto-focused firms in recent months.
Sofia
Fri Jul 19 2024
The exchange FTX and banks Silvergate and Signature have been among the most notable entities to shut their doors in the crypto space.
ShintoBlessing
Thu Jul 18 2024
UK-based cryptocurrency exchange BTCC offers a comprehensive range of services to cater to various needs in the crypto market.