š 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.
š 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.
š¼ This move aligns with broader financial market trends and comes as mainstream institutions reassess their involvement in digital assets amid increasing regulatory scrutiny.
š¤ 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.
š£ļø What do you think about Nasdaq's pivot towards tokenized assets? Share your thoughts in the comments! š