Nasdaq to invest $50M in Gemini

Nasdaq’s latest move signals growing institutional confidence in the digital assets industry.

Photo: Brendan McDermid/Reuters

Key Takeaways

Nasdaq plans a $50 million investment in crypto exchange Gemini.
The move highlights Nasdaq’s increasing involvement in the digital assets sector.

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Nasdaq Inc. plans to invest $50 million in crypto exchange Gemini, according to people familiar with the matter.

While limited information has been provided about the terms or structure of the potential investment, this would mark Nasdaq’s latest move into the digital assets sector.

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