NASDAQ Creates a Crypto Unit

NASDAQ, the second largest stock exchange in the world, is ready to launch “NASDAQ Digital Assets”, a digital solution in the custody section that will allow institutional investors to use hot and cold wallets for their crypto transactions.

The creation of this specific unit came after the explosive increase in crypto demand from institutional investors and the crypto inclusion in many portfolios from big players in the market.

The service will be available for Bitcoin and Ethereum while former executives from the crypto sector have already planning the project and the smooth transition of investors in the new unit.

In this framework, more and more predictions have been included for the transaction safety and the anti-money laundering actions through cryptos.

We should wait to see for the actual investors’ response…