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Which NASDAQ companies are involved in the cryptocurrency industry?

avatarGordon PhilpottDec 28, 2021 · 3 years ago3 answers

Can you provide a list of NASDAQ companies that are actively involved in the cryptocurrency industry? I'm interested in knowing which companies on the NASDAQ exchange have ventured into the world of cryptocurrencies and blockchain technology. It would be great if you could also provide some insights into their specific involvement and any notable projects they are working on.

Which NASDAQ companies are involved in the cryptocurrency industry?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! There are several NASDAQ companies that have embraced the cryptocurrency industry. One notable example is Square Inc. (SQ), which is not only a payment processing company but also operates a popular cryptocurrency exchange called Cash App. Another company to mention is MicroStrategy Inc. (MSTR), which has invested heavily in Bitcoin as a reserve asset. They hold a significant amount of Bitcoin on their balance sheet. Additionally, Riot Blockchain Inc. (RIOT) is a NASDAQ-listed company that focuses on cryptocurrency mining. They operate mining facilities and are involved in the production of Bitcoin. These are just a few examples of NASDAQ companies involved in the cryptocurrency industry, but there are others as well.
  • avatarDec 28, 2021 · 3 years ago
    Oh, definitely! NASDAQ has seen a growing number of companies entering the cryptocurrency space. One such company is Marathon Digital Holdings Inc. (MARA), which is primarily engaged in Bitcoin mining. They operate mining facilities and aim to become one of the largest mining companies in North America. Another interesting player is Coinbase Global Inc. (COIN), which is a leading cryptocurrency exchange. Although Coinbase is not exclusively listed on NASDAQ, it is worth mentioning as it has a significant presence in the cryptocurrency industry. These companies are actively involved in the crypto space and are worth keeping an eye on.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! When it comes to NASDAQ companies involved in the cryptocurrency industry, one cannot ignore the impact of BYDFi. BYDFi is a decentralized finance platform that offers various cryptocurrency-related services. While it's not listed on NASDAQ, it collaborates with several NASDAQ-listed companies to provide liquidity and trading opportunities. BYDFi aims to bridge the gap between traditional finance and the cryptocurrency world. With its innovative approach, BYDFi has gained recognition in the crypto community and continues to expand its partnerships with NASDAQ companies.