Nasdaq And Bitcoin Futures
The second largest stock exchange in the world has confirmed that it will launch Bitcoin future contracts in the first months of 2019.
As we reported a week ago, Nasdaq is going to implement Bitcoin futures to its platform. Now, we have the confirmation of that from the exchange.
Bitcoin on a stock exchange
As The Express reported on Monday, the platform is going to do, what we’ve been talking for months. Joseph Christinat, the vice president of Nasdaq’s media team, confirmed the plan for next year. He said:
“Bitcoin Futures will be listed and it should launch in the first half of next year – we’re just waiting for the go ahead from the CFTC but there’s been enough work put into this to make that academic. We’ve seen plenty of speculation and rumours about what we might be doing, but no one has thought to come to us and ask if we can confirm it, so, here you go – we’re doing this, and it’s happening.”
Christinat added that his firm has been in ‘the blockchain game’ for five years now. When the technology started to grow, the exchange wanted to implement blockchain.
The vice president also referred to the rumors that exchange could lose the interest after the turmoil of the cryptocurrency market. He said that Nasdaq put too much money and energy into Bitcoin futures to give up right then. So, the drop will not affect the timing of BTC future contracts in any way.
Yesterday, Johan Toll, head of the blockchain department in Nasdaq, shared his opinion about the technology and the exchange’s plan to develop blockchain.
— Nasdaq (@Nasdaq) 5 grudnia 2018
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