After seeing the market cap surge from 270 billion to 430 billion dollars the market saw a small correction.
Adena Friedman, the CEO from NASDAQ spoke with CNBC today. She suggested that when regulations are in place and the market matures, she is open to NASDAQ becoming a cryptocurrency exchange.
“I believe that digital currencies will continue to persist it’s just a matter of how long it will take for that space to mature,” Friedman said. “Once you look at it and say, ‘do we want to provide a regulated market for this?’ Certainly Nasdaq would consider it.”
In the meantime, the Nasdaq is supporting existing crypto exchanges. On Wednesday, the company announced a collaboration with cryptocurrency exchange Gemini, founded by early bitcoin investors Tyler and Cameron Winklevoss. The deal gives Gemini access to Nasdaq’s surveillance technology to help make sure that the platform provides a fair and “rules-based marketplace”.
Next to the fact that one of the biggest financial institutions is opening up to cryptocurrency, it also seems that there is a growing interest among some of the biggest celebrities for digital currency’s. In a few days timespan, both Dan Bilzerian and Kanye West tweeted about crypto. The tweet by Dan is really forward as you can see, and was widely retweeted by a lot of people in the scene.
Time to get back in crypto
— Dan Bilzerian (@DanBilzerian) April 23, 2018
Kanye dropped this tweet, ‘decentralize’. The tweet immediately caught the attention of many cryptocurrency and blockchain enthusiasts. However, because he didn’t say any more on the subject, it is not certain if this was crypto or blockchain related.
— ye (@kanyewest) April 25, 2018