Nasdaq’s Shareholder Approval Rule: Impacts on Crypto Fundraising Strategies
Big news from Nasdaq: companies now need shareholder approval before issuing new shares to buy up cryptocurrencies. This has shaken the crypto market, causing a nosedive in crypto stocks. It’s got me thinking about how this will change fundraising strategies for both startups and established firms. Companies are scrambling to find ways to adapt, and the crypto fundraising landscape is definitely shifting.
Implications for Crypto Companies
What does this mean for crypto companies? Well, it’s a game changer. They have to navigate a more complicated fundraising landscape now. Basically, if they want to do a big stock-for-crypto capital raise, they need to get an investor vote first. It’s supposed to make things more above board, ensuring…
