In brief
- OwlTing announced Tuesday it will begin trading on the Nasdaq on Thursday.
- The company chose a direct listing to emphasize transparency and avoid shareholder dilution.
- The move follows heightened global regulatory focus and growing institutional interest in stablecoins.
Taiwanese stablecoin infrastructure company OwlTing will commence trading on the Nasdaq Global Market on Thursday, marking its debut as one of the first Asian blockchain firms to list directly on a major U.S. exchange.
The company’s Class A common shares are expected to begin trading on October 16, under the ticker symbol OWLS.
“The Nasdaq Global Market was selected for its higher financial, governance, and market-cap requirements, providing greater visibility and liquidity to global investors,” OwlTing said in a statement to Decrypt.
“This listing positions OwlTing as a regulated, institutional-grade partner in a sector often associated with volatility, underscoring our commitment to building a sustainable and trustworthy stablecoin infrastructure.”
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Author: Callan Quinn
