Nasdaq Makes First Major Push Into Crypto

The video discusses the focus on building a world-class digital asset business starting with custody, highlighting its advantages in security and access for institutions. Future plans include potential crypto exchange development, contingent on regulatory clarity and institutional adoption. The video also covers data sharing opportunities in a decentralized market and emphasizes the importance of team building and recruitment in the crypto sector.

What is the primary reason for starting with custody in building a digital asset business?

• To provide high returns on investments

• To ensure a balance between security and access

• To attract more retail customers

• To reduce operational costs

What is the current focus of NASDAQ before considering launching a crypto exchange?

• Partnering with other exchanges

• Developing new blockchain technologies

• Custody and execution capabilities

• Retail market expansion

Why is NASDAQ not currently focusing on the retail side of the crypto market?

• Limited customer interest

• Insufficient technology infrastructure

• High competition and saturation

• Lack of regulatory clarity

How does NASDAQ view the role of decentralized market data?

• As a way to reduce costs

• As an opportunity to enhance transparency and liquidity

• As a threat to their business model

• As irrelevant to their current operations

What is a key factor in NASDAQ's ability to attract talent for their digital asset business?

• High salary packages

• Strong brand and innovation reputation

• Remote work opportunities

• Flexible working hours