Wall Street Is Grappling With Crypto's Trillion-Dollar Custody Question.

(Bloomberg) -- Wall Street activity in the battle to provide custody services for the more than trillion-dollar digital-asset market is heating up rapidly, and in surprising ways, turning what would typically be considered a sleepy area of finance into one of the most lively sectors. Nasdaq Inc. last week said it's halting plans to launch its own cryptoasset custodian, citing a lack of business opportunities and an uncertain regulatory backdrop. [Extracted from the article]