Nasdaq goes Crypto (03/24/2023)

As announced once before, global exchange operator Nasdaq will launch custody services for digital assets. The services are initially intended for the crypto heavyweights Bitcoin and Ethereum and are to be launched by the end of the second quarter of 2023. An application has been filed with the New York State Department of Financial Services to establish a trust company specifically for this purpose. With this, Nasdaq wants to partially close the gap of FTX and catch up with the crypto ventures of the oldest bank in the US, BNY Mellon and the well-known investment house Fidelity, which we have also reported on more often. This is expected to attract more institutional clients.(Source)

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