Shell companies could become costlier under Nasdaq’s proposed listing plan, raising entry barriers along a common route to crypto treasuries. Nasdaq’s newly proposed listing rules may give established digital asset treasury firms an edge, while raising new barriers for smaller players looking to incorporate cryptocurrencies into their balance sheets.The changes, announced Wednesday, include lifting the minimum public float to $15 million and fast-tracking delistings for companies that fall out of compliance.According to Brandon Ferrick, general counsel at Web3 infrastructure company Douro Labs, the proposed changes are unlikely to hurt well-managed digital asset treasury firms. Instead, they give stronger players a trading premium.Read more Shell companies could become costlier under Nasdaq’s proposed listing plan, raising entry barriers along a common route to crypto treasuries. Nasdaq’s newly proposed listing rules may give established digital asset treasury firms an edge, while raising new barriers for smaller players looking to incorporate cryptocurrencies into their balance sheets.The changes, announced Wednesday, include lifting the minimum public float to $15 million and fast-tracking delistings for companies that fall out of compliance.According to Brandon Ferrick, general counsel at Web3 infrastructure company Douro Labs, the proposed changes are unlikely to hurt well-managed digital asset treasury firms. Instead, they give stronger players a trading premium.Read more

Nasdaq’s listing overhaul could raise the bar for shell companies, crypto treasuries

Shell companies could become costlier under Nasdaq’s proposed listing plan, raising entry barriers along a common route to crypto treasuries.

Nasdaq’s newly proposed listing rules may give established digital asset treasury firms an edge, while raising new barriers for smaller players looking to incorporate cryptocurrencies into their balance sheets.

The changes, announced Wednesday, include lifting the minimum public float to $15 million and fast-tracking delistings for companies that fall out of compliance.

According to Brandon Ferrick, general counsel at Web3 infrastructure company Douro Labs, the proposed changes are unlikely to hurt well-managed digital asset treasury firms. Instead, they give stronger players a trading premium.

Read more

Market Opportunity
MyShell Token Logo
MyShell Token Price(SHELL)
$0.05114
$0.05114$0.05114
+5.05%
USD
MyShell Token (SHELL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.