Bloomberg announced last month that US stock exchange Nasdaq may launch its own digital currency storage platform.
However, Nasdaq Vice President Tal Cohen has said the company does not yet plan to create an exchange for transactions with virtual assets.
According to him, there are already enough cryptocurrency exchanges in the market that satisfy all the basic needs of investors.
The company will focus on the launch of the exchange, and on the development and maintenance of the custodial service.
In addition, he has said that the digital asset custody platform will provide customers with other services, such as moving virtual coins.