Nasdaq repurposes crypto tech
This year 2023 had crypto face lots of scrutiny from regulators. In recent news, it was observed the industry has Nasdaq making moves around it as well. What is Nasdaq doing with crypto? Nasdaq Inc. is repurposing its previously developed cryptocurrency technology to offer digital assets and carbon trading among other asset markets. Earlier in July, it paused its U.S. cryptocurrency custodian but continued to develop technology for tokenized assets. The Nasdaq co-president Tal Cohen in a recent interview with Bloomberg Tv, revealed plans to make this technology a comprehensive service. The goal is to create an institutional-grade platform to support digital assets and markets such as carbon trading. Although mainstream financial institutions, including Nasdaq are moderating their involvement in digital assets because of increasing regulatory scrutiny, Nasdaq has maintained its interest in building technology to manage crypto assets for clients. It’s interesting how everyone wants a share of the crypto market. Smart investors know better. They are hunting for new crypto projects with huge growth potential like Everlodge (ELDG).Everlodge (ELDG) integrates AI for real estate profits
is an upcoming cryptocurrency project with focus on real estate. Considering the booming $280 trillion real estate market, Everlodge is primed for growth. The project is designed to solve the lack of accessibility, transparency, and liquidity plaguing this sector. Luxury properties that cost millions of dollars can be bought with just $100 on Everlodge. This is possible because the platform mints NFTs to represent expensive properties. These NFTs are further fractionalized into smaller pieces that users can afford.🔥 It’s official!
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