NASDAQ is an electronic stock exchange that focuses on technology companies, including software, hardware, and IT companies in general. Founded in 1971, NASDAQ is the second largest stock exchange in the world in terms of market capitalization after the New York Stock Exchange.
NASDAQ has become synonymous with technology companies, and for good reason. Many of the biggest technology companies in the world are listed on NASDAQ, including Apple, Microsoft, Amazon, Facebook, and Alphabet (Google).
Technology has been one of the fastest-growing sectors of the global economy for decades, and that trend is likely to continue in the coming years. According to a report by CompTIA, the global information technology industry is expected to grow at a rate of 3.7% in 2021, reaching a total value of $5.2 trillion.
As technology continues to play an increasingly important role in the global economy, NASDAQ is well-positioned to benefit from this trend. Technology companies are attracted to NASDAQ because of its focus on innovation and growth, as well as its ability to provide access to capital from investors who are interested in the technology sector.
NASDAQ has also become a popular destination for initial public offerings (IPOs) of technology companies. According to data from Renaissance Capital, NASDAQ has been the preferred exchange for IPOs of technology companies since 2012. In 2020, NASDAQ hosted 66% of all technology IPOs.
One of the key advantages of being listed on NASDAQ is that it provides companies with greater visibility and exposure to a wider audience of investors. This can help companies to attract new investors and raise capital more efficiently.
In addition to providing a platform for companies to raise capital, NASDAQ also provides a range of services to help companies to grow and succeed. These services include education and training programs, market data and analytics, and access to a network of advisors and service providers.
In conclusion, NASDAQ is likely to play an increasingly important role in the future of technology companies. As technology continues to grow and evolve, NASDAQ will remain a vital source of capital and support for technology companies looking to innovate and grow.
We already know the theory, and we are clear that technology companies will continue to exist.
And most importantly, accelerating technology, since many of the companies that are on the NASDAQ are already entering new technology, such as blockchain and tokenization (with the meaning of this, at a deflationary level…)
Here are some of the NASDAQ companies that are investing in blockchain and tokenization:
Microsoft: Microsoft has been investing heavily in blockchain technology, particularly in its Azure blockchain service. The company has also launched a number of blockchain-based projects, such as the Azure Blockchain Workbench and the Coco Framework.
IBM: IBM has been a leader in the blockchain space for many years, with its IBM Blockchain platform offering a range of services for enterprise clients. IBM has also been working on a number of blockchain-based projects, such as the Food Trust Network, which is aimed at improving food safety.
Square: Square, the payment processing company founded by Twitter CEO Jack Dorsey, has been investing in blockchain technology through its subsidiary, Square Crypto. The company has also announced plans to build a new platform for decentralized finance (DeFi) services based on Bitcoin.
PayPal: PayPal has also been investing in blockchain technology, particularly in its efforts to integrate cryptocurrency into its payment platform. The company has also been working on a range of blockchain-based projects, such as a blockchain-based identity verification system.
Visa: Visa has been exploring the use of blockchain technology in its payment systems, with the company launching a blockchain-based platform for cross-border payments in 2019. The company has also been investing in blockchain-based startups, such as Chain.
Nvidia: Nvidia, a leading provider of graphics processing units (GPUs), has been investing in blockchain technology through its GPUs, which are used to mine cryptocurrencies. The company has also been working on a range of blockchain-based projects, such as the Nvidia Clara platform for medical imaging.
Mastercard: Mastercard has been investing in blockchain technology through its Mastercard Blockchain platform, which offers a range of services for enterprise clients. The company has also been exploring the use of blockchain technology in its payment systems, such as its partnership with R3.
Fundamentally, what I see and observe is that the index has the strength to continue rising.
Technically (TA), what it observes is that the price has been accelerating for years and the non-loss of the accelerated secondary guideline could launch the technological selective even higher.
It is important to keep observing, both the incorporation of companies into blockchain technology and in the future, how many of them even end up tokenized.
And everything else, we will see.
Not Financial Advice.