{"id":299964,"date":"2021-08-20T08:47:49","date_gmt":"2021-08-20T12:47:49","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=299964"},"modified":"2023-06-27T10:46:32","modified_gmt":"2023-06-27T10:46:32","slug":"year-wall-street-bitcoin-continues-nasdaq-power-digital-currency-exchange","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/year-wall-street-bitcoin-continues-nasdaq-power-digital-currency-exchange","title":{"rendered":"The Year of Wall Street in Bitcoin (2015 Retrospective)"},"content":{"rendered":"

Read how 2015 was the key year for Wall Street’s interest in Bitcoin<\/em><\/p>\n

There have been plenty of hints of interest in bitcoin from Wall Street over the past few years, but 2015 has been a year of action from banks and traditional stock exchanges. Whether it’s former Wall Street executives moving into positions at bitcoin companies or large firms making investments in the bitcoin space, it was obvious that traders, traditional investors, and others were finally ready to take bitcoin seriously. Stories of Wall Street involvement in bitcoin have been popping up all year long, and the most recent action comes in the form of Nasdaq\u2018s agreement to provide Noble Markets with the technology they need to attract hedge funds and other institutional investors to their digital currency exchange.<\/p>\n

The Nasdaq and Noble Markets agreement<\/strong><\/p>\n

Noble Markets was marketed towards traditional investors and traders who want to use the kinds of low latency, transparent tools that they\u2019re used to getting from Nasdaq. The X-stream trading technology created by Nasdaq was planned to be implemented on Noble Markets\u2019s digital currency trading platform, and Noble Markets CEO John Betts noted, \u201cWe are excited that Nasdaq shares our vision and commitment to supporting the development of this ground-breaking market.\u201d X-stream is one of the world\u2019s most widely used exchange trading technologies, and it is currently powering more than 30 marketplaces globally.<\/p>\n

Nasdaq has been known to publish\u00a0generally positive pieces\u00a0related to bitcoin on their website, and the company also had supportive words to share about bitcoin during the announcement of their involvement with Noble Markets. Lars Ottersgard, executive vice president of Nasdaq\u2019s Market Technology, stated, \u201cWe are thrilled to work with the experienced industry veterans at Noble Markets and look forward to supporting their cutting-edge, new endeavor for the long term in addressing the needs of the digital currency space.\u201d<\/p>\n

Building the tools that Wall Street traders want<\/strong><\/p>\n

Matthew Roszak\u00a0is an investor in Noble Markets via\u00a0Tally Capital, and he also sits on the board at the upcoming exchange. Roszak was able to share a few thoughts related to Wall Street\u2019s continued march towards bitcoin with\u00a0Inside Bitcoins<\/em>:<\/p>\n

\u201cThere is not one single whiteboard on Wall Street that does not have the word \u2018bitcoin\u2019 on it. There was a growing interest by hedge funds and institutional investors in this ecosystem, and these exchanges (Coinbase Exchange, Gemini, and Noble Markets) will help cater to that \u2014 the plumbing that provides institutional investors on Wall Street with platforms and confidence to trade bitcoin is finally starting to take shape.\u201d<\/p>\n

It was speculated that 2015 could finally be the year that bitcoin traders<\/a> would be able to leave the Mt. Goxes of the world behind and start using platforms that they know they can trust. Even late-night talk show hosts have noted the absurd nature of the past state of bitcoin exchanges:<\/p>\n

The list of Wall Street activity in bitcoin in 2015<\/strong><\/p>\n