By Tyler Durden, As was reported previously, Robinhood Markets – which is rushing to preempt any more fiascos and market crashes and go public as quickly as possible – has filed for an Initial Public Offering listing on the Nasdaq with the ticker HOOD (S1 filing here) and will use Goldman, Citi, JPMorgan and Barclays;[…]
By Brian Quarmby Kraken CEO Jesse Powell is having second thoughts about a direct listing in light of Coinbase going public and is potentially leaning toward an IPO instead. Jesse Powell is rethinking Kraken’s plan to go public, which is set for late 2022, following the uninspiring performance of Coinbase stock since its launch on[…]
By Helen Partz, In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation. Bitfury, one of the world’s largest companies in the blockchain industry, is mulling a potential initial public offering, or IPO, as part of the company’s global growth plans, the company’s CEO confirmed to Cointelegraph.[…]
By Andrew Singer, Circle’s share of the stablecoin market has grown to 23.5% in 2021, trailing only Tether. By going public, its “share will increase further?” Amid China’s cryptocurrency crackdown, souring investor sentiment and the United States Federal Reserve chairman blasting stablecoins, there hasn’t been much to cheer about on the crypto front lately, but Circle[…]
By Osato Avan Nomayo, Chinese Bitcoin miner manufacturer Canaan Inc. has reported significant revenue figures for the second quarter of 2021. Despite the price decline for Bitcoin (BTC) in Q2 2021, mining hardware maker Canaan has recorded significant business gains during the period. According to Canaan’s unaudited Q2 financials published on Tuesday, the company recorded over $1[…]
By Turner Wright, Bloomberg analyst James Seyffart reported that the crypto futures ETF would be listed with the ticker symbol BITO, possibly as early as Oct. 18. The United States Securities and Exchange Commission has accepted the registration request for ProShares’ Bitcoin Strategy ETF, with the shares to be listed on the New York Stock[…]
The logo of Nubank, a Brazilian FinTech startup, is pictured at the bank’s headquarters in Sao Paulo, Brazil June 19, 2018. REUTERS/Paulo Whitaker BANGALORE/SAO PAULO, Aug 25 (Reuters) – Brazil’s Nubank is seeking a valuation in its planned U.S. initial public offering that would push the eight-year-old fintech past the $55.4 billion value of the[…]
From Forbes: Only a handful of early stage investors have the distinction of writing seed checks to Unicorns. When such investors do this repeatedly, we are intrigued about their investment process. It’s even more intriguing if the investor is an emerging manager and virtually unknown. Robinhood has recently made big headlines by reaching a $5.6B valuation in[…]
By Osato Avan Nomayo, Gold-verified users of Blockchain.com exchange in over 150 countries will now be able to trade Bitcoin with up to 5x leverage. Bitcoin (BTC) wallet and exchange platform Blockchain.com has announced the introduction of margin trading services. In a blog post issued on Tuesday, Blockchain.com stated that Bitcoin margin trading had been a regular request[…]
By Martin Young, The firm uses a sustainable energy source by converting waste coal into power to mine Bitcoin. United States Bitcoin mining company Stronghold Digital Mining will list almost six million shares in an initial public offering (IPO) on the Nasdaq. Stronghold plans to list 5,882,352 Class A common stock shares priced between $16[…]