RT rektdiomedes (@rektdiomedes)@blknoiz06 Crypto is inherently superior tech for capital formation therefore a higher and higher % of successful new ventures will be birthed onchain until eventually in 30-40 years (at the longest) tradfi rails are fully deprecated. ...

Regulatory Landscape - SEC's Office of the Advocate for Small Business Capital Formation submitted its Small Business Forum report to Congress [1] - The report contains recommendations for improving capital-raising for small businesses [1]

Core Insights - The TexCap Conference aims to position Texas as a burgeoning capital markets hub, providing insights and networking opportunities for attendees to capitalize on the state's financial growth [1][4][6] Group 1: Event Details - The TexCap Conference will feature prominent speakers including leaders from major stock exchanges and a keynote address from Energy Transfer's co-CEO [2] - The event is scheduled for October 8 at the SMU Cox School of Business, focusing on educational sessions, panel discussions, and networking opportunities [3][8] Group 2: Industry Impact - Texas is emerging as a new epicenter for financial leadership, particularly in sectors like energy and technology, with the TexCap Conference facilitating discussions on capital formation [4][5] - The conference will provide insights on IPO strategies, the new Texas Stock Exchange, and opportunities for private companies to go public [5][7] Group 3: Organizational Support - The event is hosted by the American Association of Professional Landmen and the Texas Blockchain Council, emphasizing the importance of connecting companies with capital markets [3][10] - Endorsed by NAPE and supported by various sponsors, TexCap aims to explore and initiate deals that will shape the future of finance [8]

Crypto is the best capital formation technology we've ever seen in history.Absolutely love to see it.The Daily Degen (@thedailydegenhq):"Its validation for crypto and blockchains as a technology...That ability to form capital that quickly...Plasma is going to launch day one with multi-billion dollar stablecoin tvl..."- @sunandr_ to @therollupco discussing the @PlasmaFDN raise https://t.co/T6e4rEQOZ9 ...

RT Bitcoin For Corporations (@BitcoinForCorps)We’re excited to welcome @Nakamoto as an Executive Member of Bitcoin For Corporations!With 5,765 BTC on its balance sheet, Nakamoto ranks among the world’s top corporate holders, and is pioneering a new model for capital formation in the #Bitcoin era.In addition to stacking BTC, @Nakamoto aims to seed and support #Bitcoin treasury companies across global markets—unlocking institutional access where direct exposure is constrained. Its strategy turns jurisdictiona ...

You guys also realize that yapper UBI hunters are quite literally *not* the target audience for a capital formation platform right?Like there is 0 interest from teams or kaito to give attractive “free money” spots to leaderboard grinders - projects want strong supporters that aren’t going to nuke their chart within 24 hours of joining a sale….Don’t feel yourself into thinking you’re the client of Kaito if you’re a regular leaderboard reward hunter - you’re the product…for one of their verticals. ...

RT Solana (@solana)The future of capital formation is happening on Solana.$600M raised in 12 minutes.Zero bankers.All while Wall Street was closed.Let’s break down what just happened with Pump’s raise. https://t.co/I4e5ChRkmb ...

Summary of NASDAQ's Q1 2025 Conference Call Company Overview - **Company**: NASDAQ - **Quarter**: Q1 2025 - **Key Financials**: - Net revenues: $1.2 billion, up 12.5% year-over-year [2] - Operating income: Increased by 17% [2] - EPS: Grew by 24% [2] - Free cash flow: $674 million [3] Core Financial Performance - **Revenue Breakdown**: - Solutions revenues: $947 million, up 11% year-over-year [2] - Annual Recurring Revenue (ARR): $2.8 billion, up 9% year-over-year [2] - **Divisional Performance**: - Capital Access Platforms: 5% ARR growth, 11% revenue growth [2] - Financial Technology: 10% revenue growth, 12% ARR growth [2] - Market Services: 19% net revenue growth [2] Strategic Initiatives - **Efficiency Programs**: Targeting $140 million in net synergies from the Advanta transaction, with over $100 million actions completed by the end of Q1 [3] - **Cross-Selling**: 19 cross-sells delivered since the acquisition, with a target to surpass $100 million in run rate revenue by the end of 2027 [3] - **New Product Launches**: 30 new index products launched in Q1, contributing to 33% of net inflows over the last five years [5] Market Dynamics - **IPO Activity**: Welcomed 45 operating companies, raising approximately $5 billion [4] - **Listing Transfers**: Continued momentum with marquee switches, including Shopify and Thompson Reuters [4] - **Market Volatility**: Experienced record trading volumes, with five of the six highest trading days in U.S. cash equities history occurring in Q1 [8] Technology and Innovation - **Cloud Transition**: Enhanced ability to navigate market conditions through cloud infrastructure, improving scalability and resiliency [6] - **Partnership with AWS**: Focus on modernizing financial services infrastructure, with plans to serve market operators through hybrid cloud solutions [6] Regulatory and Compliance - **Financial Crime Management**: Robust demand for solutions, with a 25% increase in new client signings [6] - **Regulatory Technology**: Axiom SL signed a large digital bank as a new client, with strong demand for surveillance solutions [7] Capital Allocation and Shareholder Returns - **Dividends**: Paid a dividend of $0.24 per share, with a 13% increase announced to $0.27 per share [15] - **Debt Repurchases**: Repurchased $279 million in debt, reducing gross leverage ratio to 3.4 times [15] Outlook and Challenges - **Macro Environment**: Ongoing policy shifts and potential tariffs creating short-term volatility, impacting corporate decision-making [9] - **Sales Cycle Delays**: Noted delays in client decision-making due to macroeconomic uncertainties, particularly in the financial technology segment [22] Key Takeaways - NASDAQ demonstrated strong financial performance in Q1 2025, with double-digit growth across all divisions and significant free cash flow generation [2][3] - The company is focused on strategic initiatives to enhance efficiency, drive innovation, and expand its product offerings [3][5] - Market conditions remain volatile, but NASDAQ's diversified business model positions it well for continued growth [9][10]

DeFi & Onchain Capital Formation - Pumpdotfun's launch solidifies 'onchain' as the premier venue for capital formation and price discovery [1] - DeFi is positioned for success [1]

Core Insights - Nasdaq achieved the highest volume of listings and capital raised in the first half of 2025 since 2021, with 142 IPOs raising a total of $19.2 billion [1][5] - The exchange maintained a strong leadership position, achieving an 86% win-rate for Nasdaq-eligible listings in the U.S. market, marking 46 consecutive quarters of leadership [1][5] - Nasdaq's market value transferred from exchange transfers since 2005 has crossed $3 trillion, with 11 companies transferring their listings in the first half of 2025 [1][5] Listings and Capital Raise - In the first half of 2025, Nasdaq welcomed 142 IPOs, including marquee listings such as CoreWeave, Chime, and Galaxy Digital [5] - The total capital raised through these IPOs was $19.2 billion, the highest for the first half of the year since 2021 [5] - Nasdaq also facilitated 20 SPAC business combinations, achieving a 95% win-rate in the U.S. for SPAC listings [5] Sector Performance - Nasdaq maintained a 100% win-rate for consumer IPOs and an 89% win-rate for healthcare IPOs, with notable listings including Smithfield Foods and Metsera [5] - The exchange continues to be the leading choice for companies in the financial technology, digital assets, and biotech sectors [2][5] Regulatory Environment - Nasdaq is advocating for smart regulatory reforms to enhance the operating environment for public companies and drive capital formation [5] - A new white paper has been published by Nasdaq calling for modernization of the regulatory environment to support public markets and wealth creation [5] Listing Anniversaries - Nasdaq celebrated significant listing anniversaries for several companies, including Huntington Bancshares Inc (40 years) and Cisco Systems, Inc. (35 years) [5]