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Crypto-Friendly Fintech Major Nuvei Goes Public on NASDAQ

Thu, 10/07/2021 - 10:13
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Vladislav Sopov
Yet another digital payments heavyweight that accepts cryptocurrencies celebrates its "Bell Ceremony"
Crypto-Friendly Fintech Major Nuvei Goes Public on NASDAQ
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U.S.-based NASDAQ replaces Toronto Stock Exchange as a core platform for Nuvei's NVEI stocks. Why is this important?

Nuvei goes public: Introducing NVEI

Starting from Oct. 6, 2021, Nuvei, a large-scale B2B digital payments vendor, sees its NVEI stock listed by NASDAQ exchange.

The Bell Ceremony took place yesterday in Times Square in New York City. According to the previously released statement, 3,000,000 subordinate voting shares will be available for NASDAQ customers.

The company expects gross proceeds of $369.4 million.

NVEI.U will be delisted from Toronto Stock Exchange (TSX) after markets close on Oct. 13, 2021.

Bringing cryptocurrencies to e-commerce

Nuvei is a new-gen provider of digital payments services to thriving businesses. It boasts 480+ local and alternative payment methods to ensure seamless value transfer for entrepreneurs across the globe.

Starting from March 2021, it added support for 40+ cryptocurrencies, including crypto behemoths Bitcoin, Ethereum, XRP, memetic token Dogecoin and some veteran cryptos like NEO and Bitcoin Gold.

Fiat-to-Crypto Onramps Provider Simplex to Be Acquired for $250 Million

Also, in September 2021, it completed the acquisition of the largest fiat-to-crypto services provider in the world, Simplex.

Ripple Customer dLocal Now Trades on Nasdaq after Raising $617 Million in US IPO

As covered by U.Today previously, NASDAQ listed the stocks of Ripple's long-term partner, fintech company dLocal.

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About the author

Blockchain Analyst & Writer with scientific background. 6+ years in IT-analytics, 3+ years in blockchain.

Worked in independent analysis as well as in start-ups (, Monoreto, Attic Lab etc.)