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Dominari Holdings Set to Join Russell Microcap® Index
Dominari Dominari (US:DOMH) Prnewswire·2025-05-28 12:30

Core Insights - Dominari Holdings Inc. is set to join the Russell Microcap® Index effective June 30, 2025, enhancing its visibility among institutional and retail investors [1][3] - The Russell Microcap® Index includes the 4,000 largest US stocks ranked by total market capitalization, with membership lasting for one year [2] - Russell indexes serve as benchmarks for approximately $10.6 trillion in assets, indicating their significance in the investment management industry [3] Company Overview - Dominari Holdings Inc. operates as a holding company engaged in wealth management, investment banking, sales and trading, and asset management [4] - The company aims to enhance shareholder value through organic growth and opportunities in sectors such as AI and Data Centers [4] - The CEO of Dominari Holdings emphasized the importance of the Russell Microcap® Index inclusion as a milestone for the company's growth strategy [3] Industry Context - FTSE Russell, the provider of the Russell indexes, is a global leader in index benchmarking, covering 98% of the investable market globally with approximately $18.1 trillion benchmarked to its indexes [5] - The Russell indexes are widely utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies [3][5] - FTSE Russell is committed to high industry standards in index design and governance, guided by transparent rules-based methodologies [5]