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⛓️ Crypto🟢 BullishImportance 7/10
Here is why Nasdaq and owner of NYSE are putting the $126 trillion equity market on blockchain
🤖AI Summary
Major financial exchanges Nasdaq and NYSE's parent company are moving to put the $126 trillion global equity market on blockchain technology. This development highlights the ongoing convergence between traditional Wall Street operators and cryptocurrency exchanges as they compete and collaborate in the race to become comprehensive trading platforms.
Key Takeaways
- →Nasdaq and NYSE's owner are implementing blockchain technology for the $126 trillion equity market
- →Traditional Wall Street exchanges and crypto platforms are becoming both competitors and partners
- →The push toward an 'everything exchange' model is driving industry convergence
- →Blockchain adoption by major exchanges signals mainstream institutional acceptance of the technology
#nasdaq#nyse#blockchain#equity-markets#traditional-finance#crypto-adoption#wall-street#institutional
Read Original →via CoinDesk
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