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Nasdaq Acquires Software Firm Adenza in $10.5B Deal, Expands Financial Technology Offerings

Nasdaq has announced its acquisition of software application provider Adenza for $10.5 billion in cash and common stock. The move is aimed at expanding Nasdaq's offerings in the financial technology space, with Adenza's cloud-based solutions complementing Nasdaq's existing suite of products and services.

Investors Optimistic About Nasdaq and S&P 500 Despite Recession Concerns, Japan's GDP Growth Attracts Interest

Despite concerns about a possible recession and high interest rates, investors remain optimistic about the future trend of Nasdaq and S&P 500. The tech sector heavily influences the S&P 500, with the top ten companies accounting for 81% of its performance. Positive quarterly reports from companies, particularly those in the big tech sector, and the robust US labor market contribute to the optimism. The decline in the Dollar Index and rise in gold prices also affect the Nasdaq and S&P 500. Additionally, Japan's unique qualities such as safety and technological knowledge transfer make it an attractive investment opportunity, with its GDP growth exceeding expectations and tech sector seeing a 43% growth in exports over the past two years.

Nasdaq's Recognition of Ripple's Acquisition Raises Speculation about Potential IPO

Blockchain payments firm Ripple Labs Inc has acquired Swiss-based institutional asset custody, trading, and DeFi-focused company Metaco for $250m, a move that has caught the attention of Nasdaq Global Select Market. Nasdaq's congratulations to Ripple on the acquisition have led to speculation about Ripple's potential IPO.

Coincheck's Nasdaq listing plans may face further delay due to merger with Thunder Bridge SPAC

Coincheck, a Japanese cryptocurrency exchange, may face further delays in its plans to list on Nasdaq through a merger with Thunder Bridge Capital Partners IV, a special purpose acquisition company.

Blockchain ASIC Chip Development Company AGMGroup Receives a Notice From NASDAQ for Non-Compliance With Listing Rules

AGMGroup, a company specializing in blockchain ASIC chip development and financial technology software services, has received a notice from NASDAQ stating that it does not comply with the continued listing rules. The notice states that AGMGroup did not timely submit its 20-F annual report for the fiscal year ending December 31, 2022, to the U.S. Securities and Exchange Commission (SEC). The notice does not have an immediate effect on the company's stock trading or listing on NASDAQ.

Crypto Miner Bitdeer Falls 35% Since Nasdaq Debut, Reports Net Loss in 2022

Shares of Singapore-headquartered cryptocurrency miner Bitdeer Technologies have slid more than 35% since their Nasdaq debut on April 14 and were trading at US$6.41 at closing on Wednesday. 

Crypto Evening Briefing: Crypto Regulation by Enforcement Is ‘Really, Really Bad,’ Says Binance CEO

Binance CEO Changpeng Zhao has said that regulation, rather than lack of clarity, is a better option for the crypto industry. However, he added that regulation by enforcement is bad.
Crypto Evening Briefing: Crypto Regulation by Enforcement Is ‘Really, Really Bad,’ Says Binance CEO

Crypto Miner Bitdeer to Go Public on Nasdaq via SPAC Deal

Bitdeer Technologies, a Singapore-based cryptocurrency mining firm founded by Chinese crypto tycoon Jihan Wu, is set to go public on Nasdaq on April 14 via a SPAC merger with Blue Safari Group Acquisition. The company, which operates six mining centers in the U.S. and Norway with an aggregate power capacity of 775 megawatts, is expected to begin trading under the ticker symbol "BTDR" on Friday. Bitdeer announced the SPAC deal in November 2021, and its public listing will allow it to make even greater contributions to the crypto economy, said CEO Linghui Kong. In the first half of 2022, Bitdeer booked a net loss of $25.2 million, compared to a net profit of $113.8 million in the same period in 2021.

Bitdeer and Blue Safari Announce Shareholder Approval of Business Combination

Complete official results of the vote will be included in a current report on Form 8-K to be filed by Blue Safari with the U.S. Securities and Exchange Commission (the “SEC”) today.
Bitdeer and Blue Safari Announce Shareholder Approval of Business Combination

Bitdeer and Blue Safari Announce Extraordinary General Meeting for Proposed Business Combination

The Business Combination is expected to close shortly after approval by Blue Safari's shareholders and the satisfaction of other customary closing conditions as described in the Proxy Statement and the Registration Statement.
Bitdeer and Blue Safari Announce Extraordinary General Meeting for Proposed Business Combination