Nasdaq and Bcause have announced that a suite of new cryptocurrency services will be offered via the Nasdaq Financial Framework. These services include crypto mining and custody solutions, as well as spot and derivatives trading. They are expected to attract a broad range of users including “a new breed of investors wanting to participate in the growing cryptocurrency marketplace.”
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One-Stop Shop Crypto Services
Nasdaq Inc. and Bcause Llc announced on Wednesday that a suite of crypto services will leverage Nasdaq’s technology, elaborating:
Bcause’s markets will operate on Nasdaq’s matching engine, clearing and market surveillance technology via the Nasdaq Financial Framework platform.
The Nasdaq Financial Framework “consists of a single operational core that ties together the deep portfolio of Nasdaq’s proven business functionality across the trade lifecycle, in an open framework,” the company detailed.