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Crypto firms line up for possible Russell index inclusion
As reported by Cointelegraph, a preliminary Russell 3000 inclusion list was published on Friday for the annual index reconstitution process. The Russell 3000 tracks the 3,000 largest companies in the U.S. and requires a minimum market capitalization of $146.4 million. Sharplink, with a market capitalization of $1.2 billion, says it could qualify for the Russell 2000, which tracks the largest 2,000 publicly traded U.S. companies. In a statement on Tuesday, CEO Joseph Chalom says inclusion would broaden the company's shareholder base and strengthen access to capital markets. Forward Industries is also eligible for the ... (full story)
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