Tags: NASDAQ

One of the largest crypto markets is preparing to enter a prominent stock index, following in the footsteps of industry peers.

One of the few companies that focused on Binance’s native token as a treasury asset will be delisted from the prominent index, prompting its stock to plummet.

Over $300 million is already allocated to SUI-based investment vehicles, according to the stats shared by Sui Foundation.

Bithumb is exploring an international IPO, with NASDAQ under consideration.

Despite occasional high correlation, bitcoin’s current 9% correlation with Nasdaq suggests non-tied returns for investors.