Nasdaq Undecided About Launching Own Bitcoin Futures, 'As yet Evaluating'
FeasibilityNasdaq is as yet assessing whether "it is the proper thing to" dispatch its own Bitcoin prospects to contend with the fates results of Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME), Bloomberg reports Wednesday, Jan. 24.
Nasdaq is as of now searching for the approaches to deliver something "sufficiently novel" to make it not quite the same as its rivals and alluring for clients, said CEO Adena Friedman. The announcement originates from a meeting with Bloomberg TV at the World Economic Forum's yearly gathering in Davos.
"We have been working with the business ... to take a gander at regardless of whether [launching our own particular fates product] is the correct thing for us to do," Friedman stated, including that Nasdaq is "as yet assessing that."
The CEO did not indicate when the potential Nasdaq Bitcoin fates are required to arrive.
The Nasdaq stock trade initially began discussing its intends to dispatch Bitcoin prospects in Nov. 2017. In those days, the potential dispatch was slated to occur as right on time as June 2018.
At the point when asked whether Nasdaq would consider propelling prospects items in view of digital currencies other than Bitcoin, for example, Ether or Ripple, Friedman noted:
"We have two trade exchanged notes that are recorded in our Nordic markets … one is an Ethereum ETN, and the other is a Bitcoin ETN. So we would look all the more comprehensively at cryptographic forms of money, not exactly at one."
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