Crypto In America 'This Is The Inflection Point' | Why The Nasdaq Is All-In On Crypto w/ Kevin Kennedy
Oct 29, 2025
Kevin Kennedy, the Executive Vice President of North American Markets at Nasdaq, dives into the future of blockchain and digital assets. He discusses Nasdaq's long-term investment in tokenization and its impact on market efficiency. Kennedy emphasizes the importance of regulatory dialogue and transparency in adapting to digital assets. He also highlights the need for extended trading hours to enhance liquidity and the evolving nature of crypto ETP listings. His insights illuminate how Nasdaq aims to balance innovation with investor protection amid a competitive landscape.
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Crypto Means Opportunity, Independence, Credibility
- Kevin Kennedy defines "crypto in America" as opportunity, independence, and credibility for markets and investors.
- He believes stakeholders acting responsibly will build legitimacy for the asset class.
From Floor Trader To Nasdaq EVP
- Kevin recounts starting as an options trader in 1987 and growing into leadership at Nasdaq over decades.
- He folded his trading firm into Goldman then joined the Philadelphia Stock Exchange, which Nasdaq later acquired.
We Are At An Inflection Point
- Kennedy calls the current moment an inflection point for blockchain and digital assets post-crypto winter.
- Nasdaq is ramping investments to bridge U.S. equities and digital asset markets.