The world’s leading equity exchange operator, Nasdaq has been plotting a move into institutional crypto custody service.
According to a report, Nasdaq is establishing a new crypto-focused division in tandem with its exploration into crypto custody, Nasdaq Digital Assets.
The firm in an announcement said the unit’s launch “underpins Nasdaq’s ambition to advance and help facilitate broader institutional participation in digital assets. This would be implemented by providing trusted and institutional-grade solutions focused on enhanced custody, liquidity, and integrity.
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