We have witnessed constructive developments among the cryptocurrency derivatives space in both regulated & unregulated markets, CME has come up with the Bitcoin futures which are cash settled and options as well. While renowned OTC players like Binance, BitMEX & OKEx, are also well equipped with various crypto-derivatives products including perpetual swap derivatives products.

Of late, Blockchain as the technology and Cryptocurrency as the currency system (Digital Asset) have been the two most significant topics that are striking the chord, and heavily discussed in numerous panels and satellite events, including at last week’s World Economic Forum (WEF) in Davos. Wherein the interviewgiven to Erik Schatzker on the World Economic Forum in Davos, Adena Friedman, the CEO of Nasdaq, has discussed her LinkedIn post titled ‘2020: A Year for Optimism among Growing Concerns’ that emphasizes on global risk, economy and tech-driven factors”.

She has also clarified that her organization is contemplating business of Bitcoin futures with an anonymous business partner. She emphasized the cryptocurrency space, stating that Bitcoin futures are a pragmatic instruments for which they’ve got unnamed partner assisting to set up.

Well, upon a keen observation on the prevailing market conditions, the world’s renowned stock exchange, ‘Nasdaq’ is intending to pitch into the budding crypto industry with implementable solution that would be quite unique from their counterparts. With that perspective, they have already pioneered the business by launching ‘euro-denominated Bitcoin exchange traded note (ETN)’ on Nasdaq Nordic back in October 2015. Nasdaq Nordic trades an Ethereum ETN too.

Friedman thinks that cryptocurrencies are not evil, that they could change society while noting that cryptocurrencies have a deep impact on the global economy.

Nasdaq has shown their interests in the trends of cryptos and blockchain by listing an index that is dedicated to blockchain projects in decentralized finance, featuring major cryptocurrencies such as Augur, Amoveo, Maker, and 0x.

In the recent past, NASDAQ also announced it is adding fundamental crypto trading rating and price forecasting data to Quandl, a platform that offers financial, economic, and alternative datasets.