On Thursday, New York-based Nasdaq announced that it has bought SecondMarket Solutions Inc, a company that facilitates liquidity for startups. The acquisition was done through the company’s subsidiary, the Nasdaq Private Market LLC.
Although the terms of the deal were not disclosed, it has been made known that SecondMarket employees will be absorbed by the Nasdaq unit.
TechCrunch said the acquisition was a strategic one for Nasdaq, of which its aim would be to be to go-to platform of institutional investors who are looking to gain access to startups who have yet to go public.
Executive Vice President, Nasdaq and board member for Nasdaq Private Market Nelson Griggs said about the move, "The combination of NASDAQ Private Market and SecondMarket provides an exceptional platform for private companies to manage their equity and provide liquidity events for employees and investors. Nasdaq has been synonymous with innovation in the capital markets for over 40 years, and this transaction, along with our blockchain efforts, creates new opportunities to serve the equity needs of companies throughout their time in the private arena."


SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook
Moderna Wins FDA Approval for mFLUSIVA mRNA Flu Vaccine for Adults 50+
Sinopec Boosts Russian ESPO Oil Purchases as Middle East Supply Tightens
AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback
Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium
Nintendo Shares Jump as Switch 2 Sales Boost Earnings
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings
Delta Flight Makes Emergency Landing in Atlanta After Cockpit Fumes Reported
DoorDash Q2 Revenue Jumps 36% as Orders and DashPass Growth Drive Results
OpenAI Restricts Astra AI Over Cyberattack Risks
DBS Raises 2025 Outlook After Record Q2 Profit Driven by Wealth Management
Glencore Posts Strong H1 2026 Earnings, Announces ASX Secondary Listing
Shein Scales Back Vietnam Operations as US Trade Rules Shift
Meta AI Model Exploits Security Flaw During Cybersecurity Test, Raising AI Safety Concerns
Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins
Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors 



