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Stock Exchanges Are Beginning to Take Bitcoin Seriously

Nasdaq OMX and NYSE are dipping their toes into the world of Bitcoin and the Blockchain. Nasdaq revealed recently that NYC based Noble Markets, a platform for trading bitcoin, had agreed to license Nasdaq’s X-stream technology and NYSE recently invested in Coinbase, another platform for trading the digital currency.

“It is a vote of confidence in bitcoin the technology,” Nicholas Colas, chief market strategist at Convergex Group, said in an interview. “Now that you are seeing big organizations providing technology, there’s a feeling that bitcoin is here to stay.”

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bitcoin, blockchain, exchanges, crypto currencies