Nasdaq’s Crackdown Tightens as $98.4 Billion Crypto Raises Surge

- Nasdaq introduces stricter regulations for publicly listed companies raising funds for cryptocurrency acquisitions - Companies risk suspension or delisting for non-compliance amid skyrocketing crypto-focused equity raises On September 4, 2025, The Block reported that Nasdaq introduced enhanced regulatory measures in response to the growing number of companies using equity raises for cryptocurrency investments. The new rules mandate shareholder votes for key transactions and expand disclosure requirements to protect investor interests and ensure transparency. Consequently, companies that fail to comply with these updated standards risk trading suspension or delisting from the exchange. Nasdaq's crackdown addresses a surge in equity raises for building cryptocurrency treasuries, a trend driven by growing market activity in 2025. Since January, 154 publicly traded U.S. companies have collectively raised $98.4 billion for this purpose, a notable year-over-year increase that shows heightened corporate interest in cryptocurrency acquisition strategies. As a result, Nasdaq is tightening its oversight to safeguard market stability and shareholder rights. The updated regulations aim to empower shareholders to scrutinize corporate actions involving cryptocurrencies. Furthermore, the enhanced disclosure requirements align with broader efforts to maintain transparency in public markets, especially as digital assets become more prominent in corporate plans. Under these rules, companies seeking to raise funds for crypto-related purposes now face heightened scrutiny. According to CoinMarketCap data at 16:08 UTC on September 4, Ethereum (ETH) was trading at $4,310.16, with its 24-hour trading volume down by 3.64%. Meanwhile, Bitcoin (BTC) was priced at $109,608.90, as its volume declined by 2.34%. This ongoing market volatility underscores the growing regulatory focus on digital assets and their impact on global financial systems.