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
Bookmarking Crypto Insights
Auto Added by WPeMatico
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
The company has been publicly traded on the London Stock Exchange since 2018. Go to Source Powered by WPeMatico
The Bitcoin miner will merge with Power & Digital Infrastructure Acquisition Corp in the latest crypto SPAC deal. Go to Source Powered by WPeMatico
Sydney-based Iris Energy is reportedly prepping for the United States’ tech-focused exchange with new fundraising. Go to Source Powered by WPeMatico
While inflation has kicked up in the U.S., following the massive stimulus issued by the Federal Reserve, investor and financial writer Lyn Alden Schwartzer published a report that shows “U.S. households now have record high exposure to stocks.” The news comes at a time when many analysts and economists believe equities markets are in a … Read more
After becoming the first blockchain firm to list on the London Stock Exchange, Argo Blockchain is now looking at a potential secondary listing on the Nasdaq. Go to Source Powered by WPeMatico
The U.S. Financial Industry Regulatory Authority delivered its biggest financial penalty against the trading app on Wednesday, and Robinhood still reportedly faces scrutiny from the SEC regarding its business practices. Go to Source Powered by WPeMatico
Downside risks for BTC price are also heightened due to the recent dollar bounce. Go to Source Powered by WPeMatico
The mining company Bitfarms has revealed the firm will commence trading on Nasdaq Global Select Market starting on June 21. The firm claims to process 1% of the global hashrate and with “99% green hydroelectricity.” Bitfarms Renewable Operations to List on Nasdaq Global Select Market The Canadian bitcoin mining firm Bitfarms announced on Thursday that … Read more
An asset management firm with nearly $160 billion in assets under management, Victory Capital, has announced that it is entering the cryptocurrency market. The firm has established exclusive agreements with Nasdaq and asset manager Hashdex. Asset Management Firm Entering Crypto Market Victory Capital Holdings Inc. (Nasdaq: VCTR) unveiled its plans to enter the cryptocurrency market … Read more