Nasdaq buys Cinnobar, InVault does Crypto Custody in China

More big players are looking to get into crypto soon as Nasdaq buys Cinnobar and Invault moves into China for the market in Crypto Custody. Cinnobar is very digital assets friendly and has a parntership with Bitgo, which is a great platform for Cryptocurrency custody services for institutions, which I think is something that Nasdaq is looking to get into. This signals that Nasdaq may be about ready to enter the Cryptocurrency market themselves which would be huge for the overall market.
InVault has opened a cryptocurrency custody service in China, a country that has basically banned cryptocurrency but I don’t think the Chinese government will really care that much because their main focus is to prevent money from leaving China, not outlaw ways for people to keep cryptocurrency within China so I think in the end, this will work out.


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