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Wall Street Opens Door to Zcash Mining Exposure as Fortitude Moves Toward Nasdaq Debut - Crypto Economy
Institutional exposure to Zcash mining will formally arrive on Wall Street following the business combination agreement announced between Fortitude Mining Holdings and Heartsciences. According to the terms agreed upon by the board of directors, this stock-for-stock merger seeks to pave the way for the mining platform, owned by Digital Currency Group (DCG), to list on the Nasdaq capital market under the ticker “TUDE”
This is a key milestone for the ecosystem, as Fortitude becomes the first public, venture-backed mining platform focused on assets with optional privacy features like Zcash (ZEC). With an estimated production of 366 ZEC per day, the company’s listing will offer traditional investors a direct financial vehicle to speculate on the profitability of this protocol and its computing power in the global market.
The definitive transaction is projected to close during the second half of 2026, once corresponding regulatory approvals and definitive shareholder backing are obtained. Following the closing of the operation, Digital Currency Group will maintain approximately 95% of the total ownership of the combined entity on Nasdaq.
Source: https://n9.cl/qpyvr
Disclaimer: Crypto Economy Flash News is compiled from official and public sources verified by our editorial team. Its purpose is to inform quickly about relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.