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Nasdaq makes first big crypto push to lure institutional clients: Report

Nasdaq has been focused on diversifying its revenue sources beyond the exchange business where shares in public companies trade. It’s made investments in software, data and other offerings. The company also outsources its own software to crypto players, including surveillance and trading tools.

As a custodian of digital assets -- a step which is pending approval from the New York Department of Financial Services -- Nasdaq would be competing with crypto firms such as Coinbase, Anchorage Digital and BitGo.(iStock)
As a custodian of digital assets -- a step which is pending approval from the New York Department of Financial Services -- Nasdaq would be competing with crypto firms such as Coinbase, Anchorage Digital and BitGo.(iStock)
Published on Sep 20, 2022 06:02 PM IST
Bloomberg | | Posted by Aryan Prakash

Over 500 India-based employees of this IT company are ‘crorepatis’. Here's how

Girish Mathrubootham's Freshworks made its debut on Nasdaq on Wednesday (local time), after a billion-dollar IPO.

Freshworks CEO Girish Mathrubootham (2nd left) with his family (twitter.com/Nasdaq)
Freshworks CEO Girish Mathrubootham (2nd left) with his family (twitter.com/Nasdaq)
Published on Sep 23, 2021 10:55 AM IST
By, New Delhi

Nasdaq plunges more than 2% as investors dump growth stocks

Highly valued technology companies including Microsoft Corp, Alphabet Inc, Apple Inc, Amazon.com Inc and Facebook Inc fell between 2.3% and 4.2%.

Nasdaq offices in Times Square in New York(AFP)
Nasdaq offices in Times Square in New York(AFP)
Published on May 04, 2021 10:02 PM IST
Reuters |

InMobi gears up for a US listing

InMobi Group’s mobile advertising technology entity aims to raise between $800 million and $1.2 billion through an initial public offering (IPO) and may look at Nasdaq for its listing, said one of the persons mentioned above.

InMobi’s listing plan comes at a time when adtech companies such as Pubmatic Inc. have made successful debuts in the US public market.(Mint Archive)
InMobi’s listing plan comes at a time when adtech companies such as Pubmatic Inc. have made successful debuts in the US public market.(Mint Archive)
Published on Apr 01, 2021 07:32 AM IST
Livemint | ByTarush Bhalla, Bengaluru

Market wrap: Nasdaq 100 rises overnight after a slump in technology stocks

China’s CSI 300 equity gauge plunged more than 3% before bouncing back after state-related funds stepped in to ensure market stability. Nasdaq 100 contracts outperformed as US futures rallied.

Nasdaq 100 contracts outperformed as US futures rallied. The tech gauge tumbled Monday and is now down 11% from a February record. The S&P 500 shed intraday gains as the retreat in high-valuation stocks offset a rise in financial and materials shares.(REUTERS)
Nasdaq 100 contracts outperformed as US futures rallied. The tech gauge tumbled Monday and is now down 11% from a February record. The S&P 500 shed intraday gains as the retreat in high-valuation stocks offset a rise in financial and materials shares.(REUTERS)
Published on Mar 09, 2021 02:45 PM IST
Bloomberg |
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