Nasdaq will add bitcoin (BTC) and ethereum (ETH) indices to its stock exchange services from February 25th.
On Monday, in fact, Nasdaq announced a collaboration with the New Zealand-based Brave New Coin to integrate the Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) that will offer the Nasdaq Global Index real-time data – or rather updated every 30 seconds – on the prices of BTC and ETH.
Both Brave New Coin indices are subject to an audit that follows the principles of the International Organization of Securities Commissions (IOSCO).
“The BLX is one of the most widely-referenced BTC indices among crypto traders and has been calculated back to 2010. Likewise, the ELX has been calculated back to 2014“.
This is not the first time that Nasdaq has dealt with crypto: on October 30th a partnership was announced between the stock exchange and Microsoft Azure for a blockchain project.
In addition, in September 2018 Nasdaq also acquired Cinnober, a company that owns a trading technology that has been working with crypto since 2015.
