Sharplink, Forward Industries among crypto firms considered for Russell indexes
Bitmine and Galaxy Digital may also be eligible for the Russell 1000, an index tracking the largest 1,000 US companies that includes Nvidia, Microsoft and Apple.
A range of crypto companies have been included in a preliminary list for potential inclusion in the Russell 3000 index, including treasury firms Sharplink and Forward Industries, along with crypto exchange Gemini and crypto services firm Galaxy Digital.
A preliminary index inclusion list for the Russell 3000 was published by the index’s provider, FTSE Russell, on Friday. The index tracks the 3,000 largest companies in the US and requires a market capitalization of at least $146.4 million.
Sharplink has a market cap of $1.2 billion, and the company’s CEO, Joseph Chalom, said in a statement on Tuesday that it means the firm could be included in the Russell 2000, an index that tracks the largest 2,000 publicly traded US companies.