Crypto Spotlight: ViaBTC’s Strategic Partner SAI.TECH Goes Public on Nasdaq
ViaBTC’s strategic partner SAI.TECH Global Corporation (“SAI.TECH” or “SAI”), a clean-energy-driven Bitcoin mining operator with leading energy-saving solutions to the computing, power, and heating industry, officially listed on Nasdaq on May 2, 2022 (EST). The Class A ordinary shares and warrants of SAI commenced trading on the Nasdaq Stock Market on May 2, 2022, under the new ticker symbols “SAI” and “SAITW,” respectively. The recognition for SAI.TECH among institutional and individual investors will undoubtedly give rise to a new paradigm for crypto mining and....
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"This isn't about PR for Nasdaq." So explains Adam Ludwin, founder and CEO of Chain, the blockchain technology startup that has been in dialogue with American stock exchange and trading technology specialist Nasdaq for the past year. Yesterday's announcement that Nasdaq would be testing the blockchain for its pre-IPO exchange Nasdaq Private Market with Chain, Ludwin said, was simply the first joint announcement between two companies that have developed a close working relationship. But, while other tech companies like Microsoft and Dell have made big entrances into the industry only to....
The crypto exchange will reportedly join Nasdaq's tech-heavy lineup.
UBS has been conducting research on blockchain tech for quite some time and just recently shared more details on its developments. One of these is the so-called "settlement coin" which can be used by financial institutions for transaction clearing. Prior to this, online retail giant Overstock has already ventured into using blockchain tech for "cryptosecurities" and trade clearing. Along with UBS, the company recognized the potential applications of the distributed public ledger in reducing transactions costs and speeding up the verification process. Blockchain Tech in Finance. Blockchain....
A major crypto exchange in Japan is going public in the U.S. in a $1.25 billion merger deal. Coincheck is regulated by the Financial Sevices Agency (FSA). It will be listed on Nasdaq under the symbol “CNCK.”
Japanese Crypto Exchange Coincheck to List on Nasdaq
Japanese cryptocurrency exchange Coincheck revealed Tuesday its plan to go public in the U.S. by merging with Thunder Bridge Capital Partners IV, a special purpose acquisition company (SPAC), in a $1.25 billion deal, which is expected to close in the second half of this year.
The combined....
American stock exchange Nasdaq has named Chain as its official partner for its blockchain-based pilot program. Founded in 2014, Chain is a renowned Californian startup that assists institutions and enterprises in setting up customized blockchain infrastructure. In its short span, the platform has provided its services to a diverse range of sector, including payments, capital markets, telecom, banking, and energy markets. Blockchain, which is an underlying technology of the digital currency Bitcoin, enables these organizations to transfer and store information - money, assets, etc. - on a....