The Nasdaq Stock Market would consider becoming a cryptocurrency exchange once the space matures and regulations are ironed out, CEO Adena Friedman told CNBC Wednesday.
The world’s second-largest exchange by market cap is already partnering with cryptocurrency exchanges. On Wednesday Nasdaq said it inked a deal with Gemini to provide the digital-currency exchange access to its surveillance technology.
Nasdaq would need to see exchanges providing a fair experience for cryptocurrency investors before jumping in, Friedman said on CNBC’s “Squawk Box” program. She echoed the Securities and Exchange Commission’s recent statement that initial coin offerings are securities offerings and should be regulated as such. Read more here.