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2019-09-10 20:19:07

Nasdaq adds Decentralized Finance Index, acknowledges blockchain dominance

Nasdaq has announced the launch of a new index ‘decentralized Finance Index’ that focuses on blockchain projects and related decentralized financial ecosystem. Nasdaq, the New York-based second-largest stock exchange in the world, has now increasingly shown its support to the decentralized currency industry. In what could be termed as an acceptance of the emerging cryptocurrency revolution, this latest index also represents the increasing dominance of the blockchain in the economy. This move comes after Nasdaq added Ether and Bitcoin indexes in early 2019. A brokerage firm in London called Exante is credited for this index launch. It follows the performance