BlockBeats message, March 31, according to Reuters, Nasdaq said it will roll out a series of new rules, including steps to speed up the process for newly listed large companies to enter its Nasdaq 100 index. The move is intended to reduce the time delay for companies to be included in this core equity benchmark index.
As high-valued tech companies such as SpaceX and OpenAI prepare to go public, the operators of trading platforms are trying to accelerate the IPO (initial public offering) process in order to address concerns about a rapid decline in the number of publicly traded U.S. companies.
At the same time, burdensome information disclosure requirements and listing costs have also reduced the appeal for companies to enter public markets. As a result, some large startups, such as Stripe and Databricks, are choosing to remain private for longer than before.