Nasdaq | Crypto

Bitcoin, Nasdaq futures and Asian stocks rally as stronger-than-expected China GDP and falling oil prices lift risk appetite.

Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s US CPI report.

Evernorth’s share price rose by 5% as investors welcomed the Nasdaq debut of the first pure-play XRP digital asset treasury. The newly listed shares of XRP-focused treasury company Evernorth Holdings (XRPN) jumped as much as 5% on their Monday Nasdaq stock exchange debut, according to Yahoo Finance data. Earlier on Monday, the company named former Coinbase Asset Management Co-Chief Investment Officer Hugo Jeandesboz as its new chief investment officer. He will lead treasury strategy, including treasury allocation, liquidity management and the active management of Evernorth’s XRP holdings, according to a Monday announcement. Evernorth deploys its XRP holdings to earn additional income through decentralized finance (DeFi) yield strategies.  Read more

Evernorth delayed its Nasdaq debut after shares of the SPAC taking the XRP treasury company public lost half their value. Armada Acquisition Corp. II, which currently trades under the XRPN ticker, closed Tuesday at $19.20, down 50.3% from $38.65 a day earlier, according to data compiled by StockAnalysis. The shares had traded as high as […] The post XRP treasury SPAC drops 50% in a day ahead of Evernorth’s Nasdaq debut appeared first on CryptoSlate.

A proposed WINK ETF would hold ZEC directly, charge a 0.25% annual fee and await SEC effectiveness and Nasdaq listing before trading can begin. The post ZEC Gets a WINK as Winklevoss Files for Nasdaq ETF appeared first on Cryptonews.

The proposed fund would hold ZEC directly, with Gemini Trust serving as custodian and Winklevoss Capital affiliates eyeing up to a $100 million investment. A Winklevoss-backed exchange-traded fund (ETF) seeking to track Zcash’s price has filed a registration statement with the US Securities and Exchange Commission (SEC). The proposed Winklevoss Zcash ETF would hold ZEC directly and seek to list on the Nasdaq Stock Market under the ticker WINK, according to the filing. Winklevoss Asset Services would sponsor the fund, while its affiliate Gemini Trust Company would custody the ETF’s ZEC holdings. The fund would charge an annual sponsor fee of 0.25% and would not use leverage or derivatives to achieve its investment objective. Read more

Roughly $88.5 million in closing-linked gross sources remains conditional, with expenses and spending choices deciding additional XRP demand. The post Evernorth’s Nasdaq XRP treasury is approved, but its real buying power isn’t the $300 million expected appeared first on CryptoSlate.

Evernorth expects to begin trading on Nasdaq under the ticker XRPN after its SPAC merger closes, with an XRP treasury worth roughly $710 million at current prices. Evernorth is set to become a publicly traded XRP treasury company after shareholders of blank-check firm Armada Acquisition Corp. II approved their proposed business combination. The deal is expected to close on Oct. 7, with shares of the combined company set to begin trading on Nasdaq under the ticker XRPN the following day, subject to remaining closing conditions. The vote clears a key hurdle after Evernorth filed its Form S-4 registration statement with the US Securities and Exchange Commission in March. The registration statement was declared effective in August, leaving shareholder approval as one of the remaining steps before the Nasdaq listing. Read more

Animoca Brands suspended its reverse merger talks with Currenc but said it remains committed to pursuing a listing on a major exchange. Animoca Brands has suspended plans to take the company public through a reverse merger with Nasdaq-listed Currenc Group. Both parties mutually agreed on the decision after reviewing market conditions and the deal’s projected closing timelines, Animoca announced Tuesday. Under the proposed transaction, Currenc would have acquired Animoca, with Animoca shareholders owning 95% of the combined Nasdaq-listed company. Read more

The expanded Payward relationship adds surveillance across five market categories while NETs remain a Q2 2027 target. The post Nasdaq deepens Kraken ties with proposed $100 million Payward investment appeared first on CryptoSlate.

Nasdaq invested $100 million in Payward as part of its push toward tokenized stock products with round-the-clock trading. Nasdaq has invested $100 million in Payward, the parent company of cryptocurrency exchange Kraken, as part of the New York electronic bourse’s expansion into tokenized assets. Nasdaq’s venture arm made a $100 million investment in Payward, the exchange operator revealed in a Thursday announcement. As part of the deal, Kraken will offer tokenized versions of Nasdaq-listed stocks on its own platform. The investment builds on Nasdaq’s partnership with Payward announced in March. The investment valued Kraken’s parent company at $21 billion, people familiar with the matter told Bloomberg on Thursday. Cointelegraph approached Nasdaq for comment on the matter but did not receive a reply before publishing time. Read more

DEFT missed the required closing-price streak but could qualify for another 180 days as its consolidation option remains unused. The post DeFi Technologies misses Nasdaq $1 deadline as DEFT faces delisting review appeared first on CryptoSlate.

Armada II holders can approve and still redeem, making trust cash and public float the measures that matter next. The post Evernorth’s XRP strategy hinges on one number after Nasdaq vote appeared first on CryptoSlate.

Evernorth has gained SEC clearance, teeing up a shareholder vote on its Nasdaq listing—while the firm's XRP stash sits well below what it paid for it.

DVLT's first cure period ends Aug. 24, while another 180 days depends on other listing tests and a written split notice. The post Datavault hits Nasdaq deadline 68% below $1 as extension or delisting decision looms appeared first on CryptoSlate.

Its holdings were valued at $5.21 million on June 30, while order economics and sale timing remain undisclosed. The post Down 50% on crypto and burning $8 million in cash, this Nasdaq firm just pivoted to event robots to survive appeared first on CryptoSlate.

Bitcoin trailed the Nasdaq 100 by 68 percentage points over the past year, and it has spent the last 60 days turning that deficit into a five-point lead. According to Glassnode's cross-asset return table, Bitcoin fell 44% over the past twelve months while the Nasdaq climbed 24%, making crypto the only asset group in the […] The post How crypto turned a 68-point deficit into a market lead as Bitcoin and top altcoins outrun the Nasdaq appeared first on CryptoSlate.

The healthcare-data company reported a $3.41 million working-capital deficit as equity became its clearest disclosed funding path. The post Nasdaq healthcare company promised Bitcoin would safeguard its future – then sold every coin to stay afloat appeared first on CryptoSlate.

The rule is not operative, but Greenlane’s disclosed share count implies a steep price hurdle if the stay is lifted. The post How a public firm’s $70 million altcoin bet crashed 77% and left it facing Nasdaq delisting appeared first on CryptoSlate.

Nasdaq’s acquisition of the third-largest US alternative trading system comes as the exchange operator expands into tokenized securities and longer trading hours. Nasdaq has agreed to acquire LeveL Markets, the third-largest alternative trading system in the US by trading volume, as part of its push into tokenized and always-on markets. According to Nasdaq, LeveL Markets processes hundreds of millions of shares daily and serves more than 2,500 buy- and sell-side clients. The venue will operate within Nasdaq’s new Digital Liquidity Networks unit, led by Roland Chai, who has overseen the company’s digital assets strategy since earlier this year. Nasdaq first invested in LeveL Markets in 2021. The platform has since grown to execute trades across more than 7,000 symbols daily and serves more than 300 institutional buy-side firms, with average daily trading volume increasing 56% in 2025. Read more