Capture the industry? Token IPOs aim for $200T global capital market
Security token issuers say the STO market needs greater liquidity to make a significant dent in the $200-trillion global capital market. Go to Source Powered by WPeMatico
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Crypto Payment Firm Simplex Acquired by Publicly-Listed Canadian Firm Nuvei for $250 Million
The publicly-listed Canadian firm Nuvei Corporation announced the acquisition of the cryptocurrency company SimplexCC Ltd in an all-cash deal for $250 million. The deal is pending regulatory approval and Nuvei expects Simplex to “enhance” the firm’s portfolio of alternative payment method solutions. Nuvei Acquires Crypto Payments Provider Simplex On May 6, the Canadian company Nuvei … Read more
Coinbase stock plunges to record low, further decoupling from crypto
The stock was down by as much as 6.5%, even as the overall cryptocurrency market reached new all-time highs. Go to Source Powered by WPeMatico
Swedish crypto broker’s IPO oversubscribed by 1,200%
Stockholm-based crypto brokerage Safello saw its IPO oversubscribed by nearly $60 million, or 1,240% from the planned $5 million. Go to Source Powered by WPeMatico
Multi-billion dollar investment trust backs Kraken ahead of possible listing
A London-based trust with ties to the Rothschild banking family, acquired a stake in crypto exchange Kraken last month. Go to Source Powered by WPeMatico
Coinbase stock looks to find its footing at $350 following explosive open
COIN stock has surged after debuting on the Nasdaq exchange Wednesday. Go to Source Powered by WPeMatico
Coinbase listing is crypto’s ‘Netscape moment,’ says Mike Novogratz
If Coinbase stocks were to follow in Netscape’s footsteps for its first-day listing, the price would need to rise to roughly $636. Go to Source Powered by WPeMatico
Coinbase tokenized shares seem to be in free fall on FTX
The “Coinbase pre-IPO contract” has seen extreme volatility on FTX derivatives exchange. Go to Source Powered by WPeMatico
Coinbase’s COIN stock reference price set at just $250, as 1,700 staff get free shares
Coinbase’s reference price of $250, received ahead of the Nasdaq direct listing, values a “thank you” gift to all 1,700 full-time employees at $25,000. Go to Source Powered by WPeMatico
Robinhood’s crypto business explodes in the first quarter despite GameStop controversy
The popular trading app offers commission-free trading for Bitcoin, Ethereum and other cryptocurrencies. Go to Source Powered by WPeMatico
