The American stock exchange Nasdaq, which successfully trades shares of high-tech companies, has previously expressed its loyal attitude towards the crypto industry and its intention to enter the list of crypto exchanges.
Company CEO Adena Friedman believes that cryptocurrency is the future of the financial system. Today Nasdaq Exchange already supports some cryptocurrency exchanges.
For several months, Nasdaq has also partnered with exchange-traded fund Reality Shares to launch two blockchain funds. Although Nasdaq does not yet have its own crypto-exchange mechanism, however, following CBOE and CME, it has planned to launch Bitcoin futures in 2018.
Now the stock exchange has taken concrete steps to enter the cryptocurrency market and update its brand - it has launched support for three cryptocurrencies Litecoin, Stellar and Bitcoin.
• Stellar (XLM) - the exchange recognized the most promising option. Many experts call Stellar the future of the physical technology industry. Stellar is, at its core, a non-commercial, low-volatility digital asset. Its growth cannot be called rapid, but it is distinguished by its reliability and stability, even during the first quarter of 2018, when there was a general decline in the cryptocurrency market.
• Litecoin(LTC), which attracted the attention of Nasdaq with its advantages of faster transactions and lower fees. In addition, the asset does not pose the grandiose challenges of Bitcoin’s competition, but rather — sees itself as a complement. Nasdaq is counting on Litecoin's ability to function as a decentralized application between the blockchains of other cryptocurrencies.
• Bitcoin (BTC) is the most popular virtual currency in the world with great potential. The Bitcoin network is expected to introduce network scaling technology Lightning Network (LN). The implementation of the extension will help reduce transaction processing time and commissions to a minimum and will attract a larger number of new LN users.
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