Shares

Coinbase to offer secondary market for private shares ahead of public stock listing

Coinbase to offer secondary market for private shares ahead of public stock listing

Coinbase — the largest cryptocurrency exchange in the U.S. — alerted shareholders that the firm would launch a secondary market for its private stock on Nasdaq Private Market.  The move comes ahead of the firm’s much-anticipated public market debut. Coinbase, which filed a confidential S-1 in mid-December, said that it would provide further details to …

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Crypto lender BlockFi now holds over 5% of Grayscale’s Bitcoin Trust shares

Crypto lender BlockFi now holds over 5% of Grayscale’s Bitcoin Trust shares

Crypto lender BlockFi has purchased a considerable stake in Grayscale’s Bitcoin Trust (GBTC), public records show. The lending firm’s holdings now represent a 5.07% ownership of the trust, according to a new filing with the Securities and Exchange Commission (SEC). The SEC requires that companies report anything over a 5% ownership of another company using form …

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GSX Group's New Digital Securities Venue Tokenizes First Client Shares

GSX Group’s New Digital Securities Venue Tokenizes First Client Shares

Gibraltar Stock Exchange (GSX) Group’s digital securities platform has tokenized the shares of a client for the first time. The recently launched blockchain-based venue, GRID, allows for the tokenization of securities using GSX Group’s native STACS network. In this inaugural issuance, shares for adtech firm tribeOS were created and distributed digitally. STACS is a scalable …

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