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In a television interview on Wednesday, Nasdaq CEO Adena Friedman has envisioned that they would open their own cryptocurrency exchange, supporting trade of digital assets such as bitcoin.

This is seen as a direct follow-up to a deal revealed early Wednesday morning which will see cryptocurrency exchange Gemini allowed use of Nasdaq’s proprietary surveillance technology. The system boasts the ability to stamp out market manipulators and fraudulent traders.

Gemini CEO Tyler Winklevoss reported that the implementation of such technology will lead to the exchange becoming a “rules-based marketplace” – something quite uncommon in the cryptocurrency sector to date.

It appears that Nasdaq may be posturing to become the market leader in providing a safe and regulated environment in which to trade digital assets. Friedman is quoted as saying:

I believe that digital currencies will continue to persist it’s just a matter of how long it will take for that space to mature. Once you look at it and say, ‘do we want to provide a regulated market for this?’ Certainly Nasdaq would consider it.”

Friedman further posited on the SEC of the United State’s decision to rule initial coin offerings (ICOs) as securities and that the future success of cryptocurrencies may hinge on their appropriate regulation.

The Nasdaq Stock Market is the second-largest exchange in the world ranked by market capitalisation, first being the New York Stock Exchange. Since the end of the global recession in 2009, Nasdaq has seen an average annual growth rate of over 18%.

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