South Korean Upbit crypto exchange faces monopoly probe
South Korea’s FSC will reportedly investigate Upbit’s relationship with its bank partner K-Bank amid the latter’s IPO, which is expected in late October. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
South Korea’s FSC will reportedly investigate Upbit’s relationship with its bank partner K-Bank amid the latter’s IPO, which is expected in late October. Go to Source
Bithumb, one of South Korea’s largest cryptocurrency exchanges, is considering a listing on the U.S. Nasdaq exchange after shelving its initial plans for an IPO on the South Korean KOSDAQ market. The decision was discussed during a shareholder meeting on September 30, 2024, as part of Bithumb’s strategy to expand into the U.S. market. The … Read more
Other Web3 infrastructure platforms, such as Circle, are also mulling IPOs. Go to Source
Revolut, the crypto-friendly digital bank, is reportedly planning to sell $500 million of employee shares, targeting a staggering valuation of $45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Revolut’s progressive approach to cryptocurrencies, combined with its innovative banking solutions, continues to disrupt the financial sector, underscoring … Read more
The CEO said that, without revenue from the mining arm, the company expected to halt its plans for a public offering and announced staff cuts. Go to Source
Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going public in U.S. markets. The company would be in talks to complete its initial public offering (IPO) in 2025, creating an entity combining its AI cloud computing and data center divisions. This new entity would have a valuation … Read more
The publicly-audited company aims to launch a namesake cryptocurrency backed by its portfolio of real-estate assets and equity stakes. Go to Source
The Solana product, QSOL, seeks to provide shareholders with staking yield accrued from the Solana network. Go to Source
LandBridge has a huge amount of land in the middle of America’s oil country, but it also says it can make big money off crypto miners. Go to Source
Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public offering (IPO) as soon as next year, according to Bloomberg. This move follows renewed interest from investors during the current digital-asset market rally and a perceived easing of U.S. regulatory scrutiny. Kraken Eyes IPO Bloomberg sources … Read more