Nasdaq is stepping up its oversight of US-listed companies raising capital to buy cryptocurrencies, according to a report by The Information.
The move represents a significant regulatory response to the growing trend of companies using the stock markets to finance digital asset treasury strategies.
The platform has begun requiring shareholder votes for certain fundraising transactions and is pushing companies to increase their transparency.
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The report, which cites anonymous sources, indicates that Nasdaq could suspend trading or delist companies that do not meet these new requirements.
This increased scrutiny comes amid a surge in such capital raising.
Since January, 154 publicly traded companies in the United States have announced plans to raise approximately $98.4 billion for the purchase of cryptocurrencies.