Nasdaq decides to stay away from ICOs while UNICEF might launch its own

Nasdaq, one of the most famous international stock exchanges, decides not to engage with initial coin offerings, or ICOs, according to the corporation’s chief executive officer.

According to Adena Friedman, this policy has been chosen for funds safety measures and because ICOs can often be shady — or, as she called it, “a bleeding edge type of construct”.

This leads to believe that Nasdaq will continue to work primarily with fiat assets, although, as previous news messages suggest, not without financial blockchain technologies enabled in the future.

The United Nations Children's Fund (UNICEF), however, has decided to attract investments through what they view as a new and prospective field – cryptocurrency market, or at least not excluding this possibility. As the representative of this organization told:

“If we are in a place to look at designing our own token, look at others to help design theirs in a way that we can be a part of, and potentially also have a crypto-denominated investment fund, those would all be things that would be on our roadmap for the near future.”