Social network Reddit reveals plans to go public
After months of speculation, the popular social media site Reddit has finally announced that it is filing for an initial public offering (IPO). Go to Source Powered by WPeMatico
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After months of speculation, the popular social media site Reddit has finally announced that it is filing for an initial public offering (IPO). Go to Source Powered by WPeMatico
After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE) after merging with the company Adit Edtech. Griid to Go … Read more
CoinDCX reached a $1.1 billion valuation by raising $90 million in a Series C funding round in August. Go to Source Powered by WPeMatico
The merger could result in a valuation of the two firms at roughly $1.5 billion following a $150 million fundraising round from 10X Capital Venture. Go to Source Powered by WPeMatico
After initiating the BitGo acquisition in May, Galaxy Digital expects to close the deal in the first three months of 2022. Go to Source Powered by WPeMatico
According to Chainalysis data the number of DEX’s doubled between Q1 2019 and Q3 2021, while the amount of CEX’s stayed around the same. Go to Source Powered by WPeMatico
Ark Investment took the opportunity to buy Robinhood shares at a discount following the trading company’s unsatisfactory earnings report. Go to Source Powered by WPeMatico
In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation. Go to Source Powered by WPeMatico
The firm uses a sustainable energy source by converting waste coal into power to mine Bitcoin. Go to Source Powered by WPeMatico
Bitfury, the leading non-Chinese bitcoin mining hardware manufacturer, is reportedly planning to go public in the next 12 months. This would constitute one of the largest listings of a European-based cryptocurrency mining hardware company to date. The company had a valuation of $1 billion dollars after its latest funding round, and is backed by companies … Read more