Crypto In America 'This Is The Inflection Point' | Why The Nasdaq Is All-In On Crypto w/ Kevin Kennedy
Oct 29, 2025
Kevin Kennedy, the Executive Vice President of North American Markets at Nasdaq, dives into the future of blockchain and digital assets. He discusses Nasdaq's long-term investment in tokenization and its impact on market efficiency. Kennedy emphasizes the importance of regulatory dialogue and transparency in adapting to digital assets. He also highlights the need for extended trading hours to enhance liquidity and the evolving nature of crypto ETP listings. His insights illuminate how Nasdaq aims to balance innovation with investor protection amid a competitive landscape.
AI Snips
Chapters
Transcript
Episode notes
Emulations Need Clear Rights And Exchange Liquidity
- Tokenized emulations may lack rights like dividends, so clarity is critical for investors.
- Nasdaq emphasizes liquidity on exchanges to anchor markets amid derivative token products.
Nasdaq Will Play Offense In Digital Assets
- Nasdaq will adapt via partnerships and small acquisitions rather than purely defending legacy models.
- Leadership intends to play offense and compete in digital asset markets.
Generic Listing Standards Speed ETF Growth
- Generic listing standards accelerate crypto spot ETF listings and are another market inflection point.
- Nasdaq welcomes the streamlined process to list commodity-based crypto ETFs.