
In addition to seeking the grace period from Nasdaq, Astra also mentioned a possessive reverse stock split.
The NASDAQ Stock Market is an American stock exchange. It is the second-largest exchange in the world by market capitalization, behind only the New York Stock Exchange. The exchange platform is owned by The NASDAQ OMX Group, which also owns the OMX stock market network and several other US stock and options exchanges. In 2006, […]
The NASDAQ Stock Market is an American stock exchange. It is the second-largest exchange in the world by market capitalization, behind only the New York Stock Exchange. The exchange platform is owned by The NASDAQ OMX Group, which also owns the OMX stock market network and several other US stock and options exchanges. In 2006, the status of NASDAQ was changed from a stock market to a licensed national securities exchange. In 2013, NASDAQ was approached by private equity firm Carlyle Group about taking the exchange operator private, but the talks fell apart over a disagreement on price.
In October 2015, Nasdaq unveiled Linq, a solution enabling private companies to digitally represent share ownership using blockchain-based technology. On the surface, Linq’s ability to work as a secure and complex database is intriguing, but the capability and potential that lies beneath the surface is even more impressive. According to Alex Zinder, Director of Global Software Development at Nasdaq, blockchain technology can potentially play a significant role in improving information distribution.
Nasdaq recognizes that the scope of blockchain technology is in its infancy, and is not solely focused on Linq as the only application. One area of interest is the ability to control the level of information being distributed when implementing blockchain technology. According to Zinder, emerging concepts include “tokenization being leveraged on top of blockchain networks, and other innovative technologies that allow validation of data at scale without disclosing the information to validating parties.”
In addition to seeking the grace period from Nasdaq, Astra also mentioned a possessive reverse stock split.
Ozon Holdings has indicated that the delisting of its shares from Nasdaq does not impact its core business operations.
The CME Group said the new event contracts on Bitcoin futures provide a limited-risk, highly transparent way for a wide range of investors to access the Bitcoin market via a fully regulated exchange.