NASDAQ

Gemini prepares Nasdaq debut with $2.2B target valuation, linking custody and staking to Nasdaq’s Calypso platform

Nasdaq’s proposal to tokenize securities follows Fidelity’s first tokenized investment product

The exchange has filed a proposal to let investors settle equities on-chain with full shareholder rights, according to reports

Bitwise investment strategist expects end to “the wild-west phase of public companies …turning into crypto vehicles”

The first Solana treasury company is set to make its US debut

The exchange seeks up to $317 million through public listing amid steep financial losses

The US regulator will use Nasdaq’s system to detect manipulation across derivatives and prediction markets

Galaxy Digital CEO Mike Novogratz says: “Bigger is better in financial services, and we plan to get a lot bigger.”

The S&P 500 was mostly flat after a month of losses, and the Nasdaq has been slowly gaining

A bitcoin financial services company is now listed on the Nasdaq

Minutes from the latest FOMC meeting reflect that officials are on hold until inflation trends much lower

The holiday week was also marked by MicroStrategy becoming part of the Nasdaq 100

A Nasdaq spokesperson told me changes to the index would be announced tonight at 8 pm ET

Nasdaq files amended documents related to planned funds by BlackRock and Valkyrie ahead of expected SEC decision by Jan. 10

BTC had stabilized to around $37,500 at time of publication and ETH similarly recovered after nearly dipping below $2,000 midday Monday following news of Binance’s bill

On Oct. 1, more than $70 million in cryptocurrency short positions were liquidated, pushing bitcoin and ether more than 3% and 4% higher, but gains were quickly erased

CEO Adena Friedman said the decision came after the “business opportunity” changed over the past few months

Wall Street interest in crypto products may be on the upswing

The S&P 500 and tech-heavy Nasdaq are up about 8% and 3%, respectively, for the month of October, but this week could erase gains

BNY Mellon, Nasdaq and State Street want Wall Street to come to them for crypto custody

As bitcoin becomes less sensitive to economic data, volatility in relation to equities markets has been on the decline

The correlation trends between crypto markets and both the US dollar and the Nasdaq has weakened this week

If approved by the NYDFS, Nasdaq will become a custodian of digital assets

Despite its missed deadline last month, the publicly-listed company’s share price is up more than 13% on the day, though HIVE is down 76% YTD