The Tokyo Stock Exchange plans to establish a re-examination system for companies that undergo significant business transformations after going public, with the review standards based on those used for initial public offerings. Companies that do not pass the review may face delisting, and their stocks will be marked and flagged to investors during the review period. This system may also apply to companies that experience significant changes in control or management and initiate new business operations. Although the Tokyo Stock Exchange did not specifically mention any particular cryptocurrency treasury companies, such companies may fall under the scope of the review.
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Today’s WEEX TradFi Daily Brief covers the July jobs report, weakness in storage stocks, Tesla and SpaceX’s Terafab project, and renewed oil supply concerns.
















