What Is the Nasdaq Capital Market? The Nasdaq Capital Market is one of Nasdaq's U.S. market tiers meant for early stage companies that have relatively low levels of market capitalization. Listing requirements for companies on the Nasdaq Capital Market are less stringent than for the two other Nasdaq market tiers, which focus on larger companies with higher market capitalization. https://www.investopedia.com/terms/n/nasdaq-smallcap-market.asp