Insiders: Several members of Nasdaq's crypto team have left

ChainCatcher news, according to CoinDesk, informed sources revealed that after abandoning its plans to become a cryptocurrency custodian, Nasdaq has shifted its focus to tokenizing U.S. Treasury bonds. However, the project's progress has been too slow, leading to the departure of several members from the company's digital assets team.

Reports indicate that some members have moved to other companies that are expanding more rapidly in the crypto space. It is still unclear how many people have left and the specifics of the layoffs.