Nasdaq has created a new group focused on the custody of BTC and ETH. Building in the bear market is rarely exciting, but this could be a step in the right direction for hodlers.
) custody services for institutions. The firm also onboarded Ira Auerbach, who previously led prime broker services at crypto exchange Gemini, as the head of its new digital assets division.
In the report, Auerbach expresses his belief that the next wave of the financial revolution will be driven by institutional adoption. According to the executive, there’s no better place than Nasdaq to bring trust to the market.to create a digital asset exchange called XTAGE. Roland Chai, an executive at Nasdaq, said that the partnership with XP would bring new opportunities to investors and other companies. According to XP, the exchange is scheduled to launch in 2022.
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