Overview
- Wise, which shifted its primary listing from London, began trading on Nasdaq Monday under the ticker WSE while keeping a secondary listing on the London Stock Exchange.
- Management will host a U.S. presentation Tuesday at 10:00 a.m. ET to share preliminary US GAAP figures for fiscal 2026, including about $243 billion in cross-border volume and support for nearly 19 million customers.
- Executives said a U.S. listing offers more liquid markets and greater investor reach, which they argue will help Wise win more American consumers, businesses, and bank partners.
- Wise has applied to form a national trust bank with the U.S. Office of the Comptroller of the Currency and plans to seek a Federal Reserve master account, which would let it move dollars directly on Fed payment rails to cut costs and speed transfers.
- Reuters reported the move adds pressure on London’s market to retain major listings, highlighting a trend of companies seeking larger pools of capital in the United States.