Nasdaq plans to launch cryptocurrency custody service by the end of the second quarter / SD-Wallet’s custody service content

According to Bloomberg, Nasdaq plans to launch a cryptocurrency custody service by the end of the second quarter. Ira Auerbach, senior VP and head of digital assets at Nasdaq, said Nasdaq is moving forward with all necessary technology infrastructure and regulatory approval processes. Custody of Bitcoin and Ether will be the first step in building an extensive suite of services for the group’s digital assets division, eventually including the execution of services for financial institutions. Nasdaq will join large financial firms such as BNY Mellon and Fidelity that offer cryptocurrency custody. Others are focused on tokenizing traditional assets such as bonds, hoping that the underlying technology of cryptocurrencies will make it more efficient to trade and process assets. (PANews report)

At present, SDA, the native token under SDChain, uses SDA Wallet, which is managed by our private key, and is currently in full swing to develop a new version of self-custodial wallet SD-Wallet to cope with future metaverse concept projects After Laleverse goes live, lalecoin will be issued, or SDChain and SDA will be updated and iterative, allowing our international SDChain Alliance to support the IoT with tokenization and NFT forms enter the metaverse! (SDChain report)

SixDomainChain (SDChain) is the world’s first decentralized public blockchain ecosystem that integrates international standards of IoT Six-Domain Model and reference architecture standards for distributed blockchain.