 So NASDAQ joins a growing pool of traditional finance firms that could fill the role of crypto middlemen Following a spate of bankruptcies in the industry said that they have applied to the New York Department of Financial Services For a limited purpose trust company charter, which would oversee the new business The project was initially announced in September people were saying well that means that the SEC is going to Send them to Wells notice because they are dealing in securities. There is a big difference between custody digital assets and selling digital assets on a particular exchange So there did the pretty much the smart route like look we're not gonna allow trading We're not gonna do that, but we're gonna do custody service So they're not gonna get a Wells notice, but they're able to dip their toes in the water into the into the next new better arena