The CEO of Nasdaq, Adena Friedman, commented on the Stock Market website being considered as a trading platform for cryptocurrencies. Friedman is open to the idea of providing users with a more regulated market that provides a fair experience for investors. In order for Nasdaq to step into the crypto world, regulation is a must. The CEO stated that the virtual currencies “will continue to persist, it’s just a matter of how long it will take for that space to mature”.
Until regulation comes, Nasdaq will continue to support cryptocurrencies in other ways. Just recently, a partnership was announced between the cryptocurrency exchange platform Gemini and Nasdaq. It appears that increasingly people are getting involved in the crypto world, bringing a broader spectrum of potential buyers to the market.