Asset-manager VanEck rang the Nasdaq opening bell on Monday in a crypto-themed ceremony that featured a costumed mascot from the Pudgy Penguins non-fungible-token collection, underscoring Wall Street’s growing appetite for digital-asset branding. Speaking at a breakfast with crypto executives ahead of the event, VanEck’s head of digital-assets research Matthew Sigel said the recent initial public offering filing by stable-coin operator Circle “has captured the imagination of many on Wall Street,” adding that he expects additional crypto-focused activity on Nasdaq in the coming quarters. Following the appearance, the unofficial $PENGU token associated with Pudgy Penguins gained roughly 9.8%, while the collection’s NFT floor price slipped about 2%, according to market trackers.
💥 NEW: VanEck and a Pudgy Penguin joined the Nasdaq opening bell ceremony today. https://t.co/QAgisCZCsX
Pudgy Penguins just appeared in @NasdaqExchange with @vaneck_us How did this affect $PENGU and Penguin prices today? 🐧 $PENGU - 📈 up 9.8% today 🐧 Pudgy Penguin - 📉 down 2% today While I expect the NFT prices to go up too, here are some thoughts: 1) $PENGU ETF might be soon https://t.co/CHKSvQuQLN
NEW: VANECK AND A PUDGY PENGUIN AT THE NASDAQ OPENING BELL CEREMONY https://t.co/j8VyMjXXGa