advertisement Distributed ledger tech company Ripple has nabbed a $15 billion valuation after a private stock buy-back, the company said Monday. The company is repurchasing equity shares from investors in its Series C, which includes Tetragon, a company that unsuccessfully sued Ripple last year. At the time of the previous raise, Ripple’s valuation stood at …
Ripple announces stock buyback, nabs $15 billion valuation Read More »
“Being a public company seems like a total blast.” Barry Silbert, chief executive of crypto power-house DCG, was of course sarcastic in his January 21 tweet; it’s been a brutal period for publicly traded companies in the digital asset market amid the ongoing rout in liquid tokens. Shares in Robinhood, the popular brokerage app company, …
Crypto stock plunge could pump the brakes on IPO and deal market Read More »
Marathon’s fleet consists of 31,000 active miners producing approximately 3.2 exahashes per second (EH/s). The company received another 15,520 top-tier ASIC miners from Bitmain last month. So far this year it’s taken delivery of 56,826 miners, with another 8,477 on the way. Source link
advertisement Add Digital Currency Group (DCG) to the list of crypto company deca-unicorns. The firm, which is the owner of asset management firm Grayscale and trading firm Genesis, has sold $700 million worth of shares in a secondary investment round. Participants in the deal included SoftBank Group, Ribbit Capital, and Capital G. None of the …
DCG sells $700 million in stock deal, nabbing $10 billion valuation Read More »
The U.S. Securities and Exchange Commission (SEC) has approved an exchange-traded fund (ETF) that aims to provide investors with exposure to publicly traded companies with exposure to bitcoin. According to a prospectus filed Oct. 1, the Volt Crypto Industry Revolution and Tech ETF will track the performance of so-called “Bitcoin Industry Revolution Companies” – publicly listed …
While the Securities and Exchange Commission (SEC) deliberates the potential approval of VanEck’s bitcoin and ether exchange-traded funds (ETFs), the company is moving forward with two exchange-traded products (ETPs) abroad. On June 1, VanEck will list its Vectors Bitcoin exchange-traded note (ETN) and Vectors Ethereum ETN on the Dutch and French portions of Euronext, the company …
Two VanEck crypto ETNs to list on Dutch and French stock exchanges on June 1 Read More »
Germany’s Federal Financial Supervisory Authority, or BaFin, said in a translated version of a notice published Wednesday that it “has reasonable grounds for suspecting” that crypto exchange Binance may be in violation of the country’s securities laws in connection with its recently announced stock tokens service. As previously reported, Binance went live with a tokenized …
German finance regulator issues warning about Binance’s stock tokens offering Read More »
The past twelve months have been good for publicly traded companies working in the digital asset space, according to data collected by The Block. As shown in the chart below, industry notables such as Galaxy Digital and Silvergate have seen their stock prices swell since early 2020, with those two firms seeing appreciations of 1,105% …
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 …
Coinbase to offer secondary market for private shares ahead of public stock listing Read More »
An Ethereum-based fund has completed its initial public offering (IPO) on the Toronto Stock Exchange (TSX). According to a press release on Thursday, Canadian investment fund manager 3iQ announced the sale of more than 7.2 million Class A and F units totaling gross proceeds of around $76.5 million. The Ether Fund Class A Units, aimed …
$76M Ether Fund Makes ‘World First’ IPO on Canadian Stock Exchange Read More »