..

Nasdaq ‘Investigating’ Bitcoin Futures That are Different to Rivals

Written by:
Guest
Published on:
Jan/24/2018

Nasdaq CEO Adena Friedman talks about the future relationship the stock exchange operator intends on having with the cryptocurrency market.

On Tuesday it was revealed that Nasdaq was in hot pursuit of Bitcoin-linked products.

“We are looking to create a product geared to investors, not traders, as an investible asset,” Ms Friedman told the Financial Times, adding that what she is calling a “digital gold” model might be the most effective precedent to use when structuring retail-friendly products.

Nasdaq rivals Cboe Global Markets and CME Group began trading Bitcoin futures last month with some hiccups.

“There are a lot of opportunities to improve the market structure as it exists today,” Ms Friedman said. “Other instruments [in finance] have matured into a mode which is offered to retail investors. There is room for this to happen in cryptocurrency. We will only launch a product if we can make it much better.”

Speaking at the World Economic Forum, Friedman added: "We continue to look at the risk management, making sure the right protocols are in place."

Watch Below

- Aaron Goldstein, Gambling911.com

Video News News

Tether Execs Bat Away CNBC Questions on USDT’s Lack of Transparency

Tether Execs Bat Away CNBC Questions on USDT’s Lack of Transparency

CNBC TechCheck’s Deirdre Bosa chatted with Tether’s CTO Paolo Ardoino and General Counsel Stuart Hoegner about the company role in crypto and the future of stablecoins.   It didn't exactly go over very well, as noted by Steven Stradbrooke of CoinGeek.com.

2021 National League Pennant Predictions and Odds

2021 National League Pennant Predictions and Odds

Drew Butler and Nick Bahe have your 2021 National League Pennant.

Tyron Woodley Sits Down With BetOnline All Access to Talk Upcoming Fight With Jake Paul

Tyron Woodley Sits Down With BetOnline All Access to Talk Upcoming Fight With Jake Paul

"Easiest fight of my career and biggest purse of my career all in one night," Woodley said of the Paul match when it was first finalized. "Basically, they brought me in to take out the trash."  Let's see if he has changed his tune.

McAfee Broke, Spent Millions on Whacky Compounds

Plus The CoinGeek Pulse Episode 52: UN commission warns El Salvador on BTC, TikTok banks crypto promotions, and Satoshi Block Dojo’s quest for BSV ideas

BetOnline All Access Full Show with Ally Melendez, NBA Finals Updated Odds, MLB, UFC and More

BetOnline All Access takes a look at everything from the FIFA World Cup futures now that the Euro 2020 and Copa are over, as well as the NBA Finals.

Syndicate