Guavy Logo
Guavy AI Editorial TeamSentiment: 3.2Clout: 82

Nasdaq Partnership Brings Traditional Finance Closer to Blockchain

Advertisement

A significant partnership between Nasdaq and Kraken's parent company, Payward, is set to revolutionize the way traditional finance interacts with blockchain technology. This development marks a turning point in the crypto market as institutions begin to adopt permanent infrastructure.

The partnership will enable tokenized equities, bridging permissioned and permissionless markets at an institutional scale. On-chain data confirms that exchange Bitcoin reserves have dropped to 2019 levels, signaling a massive shift towards long-term custody.

Pepeto, an exchange with a live product offering real-time trading and cross-chain bridges, has raised over $8 million in its presale. The exchange offers a unique solution for traders, providing them with an AI-powered risk assessment tool and zero-cost trades across multiple networks.