Breakingviews - Wise’s US listing switch lacks financial wisdom

Wise's Listing Shift: Wise plans to move its primary listing from London to New York to attract more American investors and improve liquidity, despite concerns about governance and potential downsides of the transition.

Market Performance Concerns: The company's current valuation is high, and there is no evidence that a UK trading venue negatively impacts it; thus, the shift may not yield the desired benefits, as many European firms that made similar moves have struggled in the U.S. market.