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Wise began trading on Nasdaq on Monday under the ticker WSE.
Wise has moved its primary stock market listing from London to Nasdaq, trading under WSE.
KEY POINTS
- Wise has applied for a US national trust bank charter and a direct Fed master account.
- Direct Fed access would allow Wise to clear and settle US payments without intermediary banks.
- London's lack of trading liquidity drove Wise's departure, despite strong investor interest.
- Revolut plans a Nasdaq IPO targeting a $150-200 billion valuation, continuing the UK tech exodus.
COMPANIES
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