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Global exchange Nasdaq Inc. plans to launch custody services for Bitcoin and Ether in the next three months, according to Ira Auerbach, senior vice president and head Nasdaq plans to capitalize on the demand for institutional service providers in the crypto market by launching its crypto custody service at the end of the second quarter in Nasdaq Inc remains focused on crypto custody services and is expected to launch by the end of the second quarter. The senior vice president and head of Nasdaq Digital Nasdaq Inc. plans to launch its custody services for digital assets by the end of Q2, joining a growing number of traditional financial firms that could potentially act as crypto Global securities marketplace Nasdaq Inc. is gearing up to launch its custody services for digital assets by the end of the second quarter of this year, according to The first step to bitcoin and cryptocurrency trading on Nasdaq would be the custody service for the assets. According to the Bloomberg report, “Nasdaq has applied to the Nasdaq (NDAQ) is aiming to debut its crypto custody services by the end of the second quarter, Bloomberg reported on Friday. The stock market exchange operator's

Nasdaq to Launch Crypto Custody Services in Q2 2023: A Major Move for Institutional Adoption

Global exchange Nasdaq Inc. is poised to make a significant entry into the digital asset space, with plans to launch custody services for Bitcoin and Ether in the next three months. Ira Auerbach, senior vice president and head of Nasdaq Digital Assets, confirmed the ambitious timeline, signaling a major step towards wider institutional adoption of cryptocurrency.

Nasdaq\'s Crypto Custody Service: Q2 2023 Launch

According to Bloomberg reports, Nasdaq (NDAQ) is aiming to debut its crypto custody services by the end of the second quarter. Nasdaq Inc. remains focused on crypto custody services and is expected to launch by the end of the second quarter. This move positions Nasdaq as a key player in providing secure storage solutions for digital assets.

Why Crypto Custody?

Nasdaq Inc. plans to capitalize on the demand for institutional service providers in the crypto market by launching its crypto custody service at the end of the second quarter. The first step to bitcoin and cryptocurrency trading on Nasdaq would be the custody service for the assets, offering a secure and regulated environment for institutional investors to hold their digital assets.

Joining the Trend: Traditional Finance Embraces Crypto

Global securities marketplace Nasdaq Inc. is gearing up to launch its custody services for digital assets by the end of the second quarter of this year, according to recent reports. Nasdaq Inc. plans to launch its custody services for digital assets by the end of Q2, joining a growing number of traditional financial firms that could potentially act as crypto custodians.

What This Means for the Crypto Market

Nasdaq\'s entry into the crypto custody market is a significant development. By providing a secure and regulated custody solution, Nasdaq is helping to bridge the gap between traditional finance and the digital asset world. This could unlock significant institutional investment and drive further growth in the cryptocurrency market. The stock market exchange operator\'s anticipated launch is being closely watched by investors and industry experts alike.

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