VeChain
Why VeChain is up 1.1% in the last hour
Analysis
VeChain (VET) rose 1.1% over the past hour as traders reacted to a positive industry signal around institutional tokenization infrastructure. The Block reported that a “vet” from Nasdaq, NYSE, and Cboe joined Securitize as a VP working with public and private market issuers, which may have supported near-term sentiment across crypto assets tied to real-world/enterprise adoption narratives.
Contributing Factors (1)
Nasdaq, NYSE and Cboe vet joins Securitize as VP working with public and private market issuers
Giang Bui, who most recently worked on equities and ETF operations at Nasdaq, will join as Securitizes new vice president of issuer growth.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.