The size and price range for the offering has yet to be determined.
SEC alleges fintech and ‘market maker’ firms manipulated crypto market in token scheme
Though the SEC has pursued many enforcement actions related to initial coin offerings, the regulator’s stance on airdrops’ role in alleged token schemes is unclear.
Chinese chip designer reportedly filed for $50M Nasdaq IPO
Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions.
Celsius Network’s crypto mining subsidiary SEC filing suggests plans for IPO
The SEC requires companies in the United States to file an S-1 registration for shares to be listed on a national exchange, like the Nasdaq or New York Stock Exchange.
Crypto Biz: The Web3 arms race is upon us, Apr. 14-20, 2022
2022 is shaping up to be the year for Web3. KuCoin, Framework Ventures and CoinDCX have all made a splash in this emerging paradigm.
Blockchain.com names custody partner for its institutional offering
Recently launched BCAM will provide an institutional-grade custody and settlement platform for digital assets.
Exodus crypto wallet starts trading on SEC-registered platform
Exodus reported nearly $96 million in revenues for the fiscal year of 2021, which is a 350% increase year-over-year.
Bitcoin miners believe global hash rate to grow ‘aggressively’
Despite the price of BTC, the Bitcoin network is the strongest it’s ever been, according to industry experts.
Bitcoin miner Rhodium set for IPO, valued at $1.7 billion
The Initial Public Offering (IPO) for Texas-based Bitcoin miner Rhodium Enterprises is another feather in the cap for the Bitcoin-friendly southern State.
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).
India’s crypto unicorn CoinDCX has no immediate plans for IPO
CoinDCX reached a $1.1 billion valuation by raising $90 million in a Series C funding round in August.
Crypto miner PrimeBlock reportedly plans to go public through 10X Capital merger
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.
Novogratz’s crypto firm Galaxy Digital delays US stock listing to 2022
After initiating the BitGo acquisition in May, Galaxy Digital expects to close the deal in the first three months of 2022.
DEXs growing faster than CEXs but Binance still sees 171M visitors in a month
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.
Cathie Wood’s ARK snaps up $80M Robinhood shares after crypto led price dip
Ark Investment took the opportunity to buy Robinhood shares at a discount following the trading company’s unsatisfactory earnings report.
Bitfury CEO confirms IPO considerations are part of expansion plans
In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation.
Bitcoin miner Stronghold will list almost 6M shares in its $100M IPO
The firm uses a sustainable energy source by converting waste coal into power to mine Bitcoin.
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.
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.
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.