Nasdaq Makes First Major Push Into Crypto

The video discusses the focus on building a world-class digital asset business, starting with custody due to its advantages in security and access. It explores future plans, including a potential crypto exchange, contingent on regulatory clarity and institutional adoption. The video also covers data sharing opportunities in a decentralized market and emphasizes the importance of transparency and liquidity. Additionally, it highlights team building and recruitment efforts, noting the strong brand appeal and commitment to innovation and regulatory compliance.

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

• To provide a high level of access all the time

• To address trade-offs between security and access

• To establish a trusted and independent provider for institutions

• To focus on retail customer base

What is the foundational piece for NASDAQ before launching a crypto exchange?

• Regulatory clarity

• Custody

• Execution capabilities

• Retail market saturation

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

• Lack of regulatory clarity

• Saturated market with many exchanges

• High volatility in the market

• Insufficient institutional demand

What is NASDAQ's approach towards decentralized market data?

• Ignoring decentralized data providers

• Creating derived data products to add value

• Sharing data freely with all providers

• Keeping all data proprietary

How has NASDAQ's brand helped in attracting talent during the crypto winter?

• By reducing hiring goals

• By focusing on retail customers

• Through its reputation for technology and innovation

• By offering high salaries