Nasdaq CEO Adena Friedman announced that the company is open for trading cryptocurrencies like bitcoin.
While talking to CNBC, she noted that Nasdaq would consider becoming a crypto exchange over time.
“If we do look at it and say ‘it’s time, people are ready for a more regulated market,’ for something that provides a fair experience for investors.”
According to her, regulations which are key roadblock for the Nasdaq and other institutional investors, have to be ironed out before the company would add an 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. 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, Nasdaq CEO thinks that ICOs need to be regulated.
Let us remind that earlier this week Nasdaq announced a collaboration with cryptocurrency exchange Gemini, founded by early bitcoin investors Tyler and Cameron Winklevoss.