Nasdaq has reportedly informed companies listed on its exchange that their shareholders may need to approve plans to raise funds for cryptocurrency purchases. This guidance is not a new rule but rather an adherence to existing standards. Industry experts suggest this alignment is necessary as transitioning to a digital asset treasury can significantly alter a company's risk profile. While some believe this guidance may slow the adoption of crypto among smaller firms, others argue it will not deter overall corporate interest in accumulating crypto assets. Experts point to a trend where institutional investors seek transparency and governance standards in relation to crypto, indicating that any delays may lead to a concentration of crypto treasury strategies among well-capitalized firms. Overall, this shift could signify the end of a less regulated era for public companies entering the crypto space, with many firms likely to adopt a measured approach to integrating digital assets into their balance sheets.

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