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Nasdaq Plans to Introduce Bitcoin Futures

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Nasdaq Inc. is charging into the race to bring bitcoin to a greater swath of investors, as the digital currency’s price barreled beyond $11,000 on Wednesday.

The New York-based exchange operator plans to introduce bitcoin futures next year, according to a person familiar with the matter, becoming the third major U.S. exchange to dive into the red-hot market for cryptocurrencies. Nasdaq will introduce the products as early as the second quarter, and the contracts will trade on its NFX market, according to the person, who asked not to be named discussing a private matter.

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