đ Nasdaq Inc. is repurposing its crypto technology to offer an institutional-grade platform for various asset markets, including digital assets and carbon trading. Despite halting its U.S. crypto custodian business launch in July, Nasdaq continues to develop tokenized asset tech.
đ In a Bloomberg interview, Nasdaq co-president Tal Cohen revealed plans to introduce this technology as a comprehensive service, supporting digital assets and markets like carbon trading.
đŒ This move aligns with broader financial market trends and comes as mainstream institutions reassess their involvement in digital assets amid increasing regulatory scrutiny.
đ€ Nasdaq is also ready to collaborate with European lawmakers, addressing challenges such as complex tax regimes and regulations to make Europe more appealing for listings.
đŁïž What do you think about Nasdaq's pivot towards tokenized assets? Share your thoughts in the comments! đ