Nasdaq Offers Proprietary Surveillance Technology To 7 Crypto Exchanges (investinblockchain.com)
Nasdaq, the world’s second-largest stock exchange is now working with 7 different cryptocurrency exchanges by offering them proprietary market monitoring technology.
The 7 exchanges now using the surveillance technology were carefully vetted and had to meet stringent criteria.
As reported by Forbes on January 30, 2019, just 2 of the 7 exchanges collaborating with Nasdaq have been named- Gemini, the licensed digital asset exchange run by the Winklevoss twins, and SBI Virtual Currency, a wholly owned subsidiary of SBI Holdings.
Nasdaq has assembled a team of about 20 people to conduct elaborate due diligence to establish whether a crypto exchange that wants to use their technology exhibits these criteria.
Exchanges who past their test and can afford the proprietary surveillance technology will be granted access to it.
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Related story: ‘Final Testing’ Phase: Fidelity Nears Launch Of Cryptocurrency Trading & Custody Platform (ccn.com)
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