Nasdaq

Nasdaq, Morgan Stanley Trading Vets Build Startup to Unite Crypto Market Price Ranges

A group of trading vets from NASDAQ, Visa and Morgan Stanley say they’ve built a liquidity solution for the world’s disparate cryptocurrency markets.  After 18 months of development, their project, Apifiny, came out of stealth Wednesday with a new platform targeting exchanges hampered by low liquidity: ExOne. It is an emerging finances back-end tool tied …

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Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump

</header> <strong>On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five new mining rig batches …

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Mining Chip Maker Ebang Next in Line to File for US IPO

</header> <strong>Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer plans to follow Canaan’s footsteps with an attempt to be listed on the …

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DX.Exchange Halts Operations, Seeks Buyer 10 Months After Launch

DX.Exchange is hitting pause as it seeks a new owner. The firm, which offered tokenized shares in companies listed on the Nasdaq stock exchange, announced the move following a vote by its board on Monday to discontinue operations as it pursues “a merger or outright sell of the company.” Should a buyer not be found, “the exchange …

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Nasdaq-Powered Security Token Exchange Shutters to Pursue Merger

Just nine months after its launch, the Nasdaq–powered digital trading platform DX.Exchange is temporarily shutting down as it pursues a merger or outright sale. The Estonia-based platform made the announcement on Nov. 3, informing users that “the costs of providing the required level of security, support and technology is not economically feasible on our own.” …

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Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq

<header class=”article__header”> </header> <strong>Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters.</strong> Also read: …

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Microsoft Releases Blockchain Manager App

Microsoft announced its fully managed Azure Blockchain Service in a press release on May 2. The new blockchain-as-a-service (BaaS) platform will purportedly allow users to build blockchain applications on preconfigured network.  According to Microsoft’s head of corporate communications, Frank Shaw, this service “simplifies the formation, management, and governance of consortium blockchain networks.” Shaw further noted …

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Nasdaq Adding Index for XRP Cryptocurrency to Global Data Service

Stock exchange operator Nasdaq is adding yet another cryptocurrency index – this time for the world’s third-largest cryptocurrency, XRP. The company announced Monday that, through its partnership with New Zealand-based blockchain data and research firm Brave New Coin, it will offer “real-time” index information for XRP starting May 1. Specifically, the XRP Liquid Index (XRPLX) …

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How Traditional Stock Markets Can Help Mainstream Cryptocurrency

<strong>It’s not a stampede, but a growing number of traditional stock exchanges have begun to offer cryptocurrency-related products, in a move that’s been viewed in some quarters as key to introducing cryptocurrency to conventional equities investors. But will the involvement of stock exchanges help the cause of cryptocurrency, or is this merely an opportunistic endeavour …

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Nasdaq-Powered EU Digital Exchange DX Launches Security Token Trading

Estonia-based Nasdaq–powered digital trading platform DX.Exchange is claiming an industry first with its launch of security token trading and security token offering (STO) listings. The development was shared with Cointelegraph in a press release on March 14. As previously reported, DX.Exchange went live in January, with support for various fiat and cryptocurrency trading pairs and …

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