What is the relationship between NYSE and cryptocurrency?

3 answers

• Dec 25, 2021 · 3 years ago
  The New York Stock Exchange (NYSE) and cryptocurrency have a complex relationship. While the NYSE is primarily focused on traditional stocks and securities, it has shown interest in the cryptocurrency market. In fact, the parent company of the NYSE, Intercontinental Exchange (ICE), launched a cryptocurrency exchange called Bakkt in 2019. Bakkt aims to provide a regulated platform for trading and storing digital assets. This move by the NYSE demonstrates a growing acceptance and recognition of the potential of cryptocurrencies in the financial industry.
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• Dec 25, 2021 · 3 years ago
  The NYSE and cryptocurrency are like two parallel worlds that occasionally intersect. The NYSE, as one of the largest stock exchanges in the world, deals with traditional securities and stocks. On the other hand, cryptocurrency operates in a decentralized digital space. However, there have been instances where traditional financial institutions, including the NYSE, have started exploring the potential of cryptocurrencies. This can be seen as a recognition of the disruptive power and potential of digital assets.
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• Dec 25, 2021 · 3 years ago
  As a representative of BYDFi, I can say that the NYSE and cryptocurrency have a somewhat distant relationship. While the NYSE has not directly listed cryptocurrencies for trading, it has indirectly shown interest through its parent company's involvement in the cryptocurrency market. However, it is important to note that the NYSE primarily focuses on traditional financial instruments and securities. The emergence of cryptocurrencies has created a new asset class that operates independently of traditional stock exchanges like the NYSE.
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