Last week, Nasdaq led a $20 million investment in Symbiont, another blockchain company building services that eliminate middlemen in traditional financial workflows. Nasdaq has offered insights into the rigorous due diligence it carries out for crypto exchanges seeking to use its proprietary surveillance technology. Tony Sio and Nasdaq are among the only two that have already passed. Gemini , SBI Virtual Currency ’s head of exchange and regulator surveillance, said prospective firms must demonstrate the reputability of their products, explain their organisational structure and founders' backgrounds, and prove crypto asset listing standards are in place.
Nasdaq has offered insights into the rigorous due diligence it carries out for crypto exchanges seeking to use its proprietary surveillance technology. Tony Sio and Nasdaq are among the only two that have already passed. Gemini , SBI Virtual Currency ’s head of exchange and regulator surveillance, said prospective firms must demonstrate the reputability of their products, explain their organisational structure and founders' backgrounds, and prove crypto asset listing standards are in place.