World’s second largest stock exchange Nasdaq has confirmed it plans to launch Bitcoin futures in the first half of 2019

The second largest exchange after NYSE has now confirmed the launch of Bitcoin Futures contracts in the first half of 2019.

Joseph Christinat, Vice President of Nasdaq’s media team told Daily Express:

 “Bitcoin Futures will be listed and it should launch in the first half of next year – we’re just waiting for the go-ahead from the CFTC but there’s been enough work put into this to make that academic. “We’ve seen plenty of speculation and rumors about what we might be doing, but no one has thought to come to us and ask if we can confirm it, so, here you go – we’re doing this, and it’s happening.”

Nasdaq has been seriously working on its Crypto trading platform since 2017, even though the Crypto market has turned bearish with Bitcoin dropping from $20,000 in December last year to as low as $35 this year, it hasn’t stopped Nasdaq from deciding to launch the product next year.

The second largest exchange in the world is also working closely with VanEck and others to create better tools and services for the Crypto industry.

Also read: CEO of Japanese fintech firm and crypto exchange operator Quoine has said he believes Bitcoin will “surpass” its all-time price highs by the end of 2019