As institutions become more interested in cryptocurrencies Multinational financial services company Nasdaq has begun preparing to offer Crypto Custody to institutional clients.
According to Bloomberg, the company hasbuildA new group focused on digital assets. It will begin with Bitcoin (BTC) and Ether (ETH) Custody services for institutions. The company also has Ira Auerbach, a former leading brokerage service in crypto exchange Gemini, as head of the new digital assets division.
Auerbach expressed his belief that The next wave of the financial revolution will be driven by institutional adoption. According to the management And there’s no better place than Nasdaq to bring trust to the market.
BitMEX CEO Alexander Höptner previously predicted that after the Ethereum merge, institutions will become more open to crypto investments due to concerns about efficiency and the dwindling environment. “I am absolutely sure this will drive greater institutional acceptance and market acceptance,” he said.
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