Cryptocurrency

Nasdaq CEO: Crypto still presents opportunities

'It’s time for firms like ours to come in and say we can help rebuild,' exchange boss tells Davos

The 'total crisis of trust in the crypto space' is a chance for established players to do things right, Adena Friedman said
The 'total crisis of trust in the crypto space' is a chance for established players to do things right, Adena Friedman said Photo: Stefan Wermuth/Getty Images

Nasdaq chair and chief executive Adena Friedman says digital assets still represent an attractive opportunity for the exchange despite concerns hanging over the space after the collapse of FTX.

“There’s a total crisis of trust in the crypto space and that’s usually an opportunity for trusted players to start to figure out how to get engaged in the right way,” Friedman told Barron’s associate editor Jack Hough during a Wednesday interview at the World Economic Forum in Davos.

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