Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation

robinhoodRobinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a valuation of $32 billion. While the company is more valuable than Nasdaq itself, the IPO failed to give the company an expected valuation of $35 billion. Robinhood trading will open today, with its shares trading under […]

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Digital Asset Marketplace Apifiny Prime Granted FINRA Broker-Dealer License Approval

Digital Asset Marketplace Apifiny Prime Granted FINRA Broker-Dealer License ApprovalOn Thursday, Apifiny, a global digital asset trading and mining network, announced the company’s subsidiary Apifiny Prime has been granted a broker-dealer license from the Financial Industry Regulatory Authority (FINRA). The firm now joins the ranks of brokerage and exchange businesses like Coinbase, Etoro, and Circle. FINRA Grants Apifiny Prime a Broker-Dealer License The leading […]

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Crypto Asset Manager Bitwise Files to Publicly Trade Bitcoin Fund

Crypto Asset Manager Bitwise Files to Publicly Trade Bitcoin FundOn February 2, the crypto asset manager, Bitwise Asset Management, announced it had filed a Form 211 with the U.S. Financial Industry Regulatory Authority (FINRA). If the proposal is approved Bitwise will be able to deploy its shares publicly via over-the-counter (OTC) desks and secondary markets. Bitwise Plans to Compete With Grayscale’s Bitcoin Trust The […]

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Grayscale Investments’ Ethereum Trust Filed With the SEC to Obtain Reporting Status

Grayscale Investments' Ethereum Trust Filed With the SEC to Obtain Reporting StatusThe digital currency asset manager Grayscale told investors on Thursday that the firm has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for the company’s Ethereum Trust. The recent filing is voluntary and if the SEC approves the registration, the Ethereum Trust will be the second crypto asset […]

The post Grayscale Investments’ Ethereum Trust Filed With the SEC to Obtain Reporting Status appeared first on Bitcoin News.

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SEC Issues Alert Against Initial Exchange Offerings

SEC Issues Alert Against Initial Exchange OfferingsThe SEC has issued an alert to investors regarding initial exchange offerings. This warning is not an official statement on regulatory policy, but it does indicate the way the American market regulators view the practice and why many exchanges are shunning U.S. investors. Also Read: Telegram Rejects SEC Request to Hand Over Bank Records for […]

The post SEC Issues Alert Against Initial Exchange Offerings appeared first on Bitcoin News.

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