According to reports, Nasdaq Inc., the second largest stock exchange, is planning an entry into crypto custody services as the exchange is also launching a new subsidiary, Nasdaq Digital Assets, that will focus solely on cryptocurrencies. Nasdaq also has prior experience in the crypto market space, having provided market surveillance technologies to various crypto exchanges since at least 2018. In February 2021, the exchange launched the Hashdex Nasdaq Crypto Index ETF, which is based on its own index.
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