Trending

Stories

Nasdaq Digital Assets Established To Provide Bitcoin and Ethereum Services

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

Yusuf Balogun
Yusuf Balogun
Yusuf is an aspiring Journalist and Health law expert with a special focus on technology innovations. He is a writer at Right for Education, Libertist Centre for Education, Qwenu, and Editor at Gamji Press, UDUS.

The American Nasdaq exchange, Nasdaq, has today officially announced the establishment of new digital assets named “Nasdaq Digital Assets’. The new digital asset is a division of the company that will provide institutional investors with virtual currency custody services.

Providing Bitcoin and Ethereum Service Through Nasdaq Digital Assets

According to the firm, institutional investors will receive custody services for Bitcoin and Ethereum in the first phase. Likewise, the American exchange will increase other virtual currency-related services in the future; however, at this time, Nasdaq does not intend to create a virtual currency exchange right away, though they will assess potential.

Head of Nasdaq’s Digital Assets

Also Read

Ira Auerbach, Senior Vice President and Head of Digital Assets, will serve as the team’s leader and be responsible for the strategy roadmap, growth objectives, and product development for Nasdaq Digital Assets. Auerbach has more than ten years of leadership expertise developing institutional-grade solutions and cutting-edge services for both traditional finance and digital assets.

From Gemini, where he held numerous executive positions in product, business development, and trading, Auerbach joined Nasdaq. PriBeforeis, he served as the Global Head of Gemini Prime, the leading prime brokerage for cryptocurrency platforms.

Delivering Institutional-Grade Solutions Based on Integrity and Transparency

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

Reacting to the new deforested, Adena Friedman, President, and CEO of Nasdaq, said the firm is focused on delivering institutional-grade solutions that bring greater liquidity, integrity, and transparency to support development.

“The technologies underpinning the digital asset ecosystem have the potential to transform the market over the long term. To capture this opportunity, our focus will be on delivering institutional-grade solutions that bring greater liquidity, integrity and transparency to support development.”

On the other hand, Tal Cohen, Executive Vice President and Head of North American Markets at Nasdaq, said institutional investors need to participate in the new Nasdaq digital assets to accelerate wider adoption and drive availability of the assets.

“In recent years, the need for institutional investors to participate in digital assets has increased, and Nasdaq is well positioned to accelerate wider adoption and drive availability. Continued growth.” “With our trusted brand and proven track record as a global capital markets technology provider, Nasdaq is uniquely positioned to address industry pain points by improving liquidity, scalability and resilience, and goals. It is an ecosystem that enhances trust and confidence in digital assets.”

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
DJI Mini SE 2 Will Make its Debut On Feb 9 Motorola Launched Mote E13 Smartphone in India Google Pixel 4 and 4 XL Get Last Update WhatsApp Introduces 5 New Features For Status Updates OnePlus First-ever Tablet Launching in India Today ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online
DJI Mini SE 2 Will Make its Debut On Feb 9 Motorola Launched Mote E13 Smartphone in India Google Pixel 4 and 4 XL Get Last Update WhatsApp Introduces 5 New Features For Status Updates OnePlus First-ever Tablet Launching in India Today ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts