Circle reveals cooperation in ongoing SEC investigation
Circle has published filings revealing it is cooperating with a subpoena from the SEC that it received in July. Go to Source Powered by WPeMatico
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SEC takes action against Chinese billionaire’s companies over $500M offerings
The SEC has taken action against three companies owned by Chinese Billionaire Guo Wengui for commingling the proceeds from two unregistered securities offerings. Go to Source Powered by WPeMatico
Binance CEO says US crypto exchange will go public in three years
Binance US plans to close a major private funding round in the next two months to become more independent from Binance. Go to Source Powered by WPeMatico
Blockchain.com CFO Says Company Could IPO in ’18-Months,’ Firm’s Balance Sheet Holds BTC, ETH
This week Blockchain.com CFO Macrina Kgil discussed how the company has surpassed $1 trillion in cryptocurrency transactions and the company may go public with an initial public offering (IPO) in 2023. The cryptocurrency firm is one of the oldest in the industry and Kgil explained that 76 million Blockchain.com wallets have been created since the … Read more
After passing $1T in crypto transactions, Blockchain.com CFO hints at going public in 2023
Crypto exchange Kraken and stablecoin-focused company Circle have also said they are considering public listings. Go to Source Powered by WPeMatico
$100M funding round for Binance.us falls through on regulatory concerns
Despite a failed $100 million funding round leading to the resignation of Binance.us CEO, Brian Brooks, the exchange still has its sights set on launching an IPO. Go to Source Powered by WPeMatico
Thiel’s Valar Ventures leads 3rd raise for Bitpanda, at $4.1B valuation
Vienna-based Bitpanda’s valuation has shot up to $4.1 billion, three times its value during the crypto broker’s last private funding round in March. Go to Source Powered by WPeMatico
Crypto-friendly app Robinhood loses 8% in public Nasdaq debut
Unlike traditional IPOs with a six-month lockup period, Robinhood will allow its employees to sell 15% of its shares immediately after the public debut. Go to Source Powered by WPeMatico
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
Robinhood, 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 … Read more
Coinbase, Executives, Investors Hit With Lawsuit Over Nasdaq Listing
A class-action lawsuit has been filed against cryptocurrency exchange Coinbase, its executives, and investors over the company’s direct listing on Nasdaq. “According to the complaint, the registration statement and prospectus used to effectuate the company’s offering were false and misleading,” the lawsuit alleges. Class Action Lawsuit Against Coinbase Scott+Scott Attorneys at Law LLP announced Friday … Read more
