By Echo Wang NEW YORK (Reuters) -Gemini Space Station, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has drawn over 20 times as many orders for its planned U.S. initial public offering as there are available shares, people familiar with the matter said on Thursday. The strong demand, ahead of the IPO’s pricing later…
By Ateev Bhandari (Reuters) – Winklevoss twins-backed Gemini raised the proposed price range for its U.S. initial public offering on Tuesday and is now targeting a valuation of up to $3.08 billion in its listing, reflecting investor interest in crypto ventures. The cryptocurrency exchange aims to raise $433.3 million by selling 16.67 million shares priced…
Hong Kong police have arrested 86 people, including triad members, in a sweeping 15-day crackdown on organised crime, ranging from theft and drug trafficking to illegal gambling and money laundering. The force on Tuesday said the operation, mounted between August 18 and September 1, had led to the arrest of 66 men and 20 women,…
Hong Kong police have arrested 86 people, including triad members, in a sweeping 15-day crackdown on organised crime, ranging from theft and drug trafficking to illegal gambling and money laundering. The force on Tuesday said the operation, mounted between August 18 and September 1, had led to the arrest of 66 men and 20 women,…
By Ateev Bhandari, Atharva Singh and Hannah Lang (Reuters) -Cryptocurrency exchange operator Bullish was valued at about $13.16 billion after its shares more than doubled in their NYSE debut on Wednesday, underscoring investor confidence in the sector and lifting prospects for future U.S. listings by other digital asset firms. The parent of crypto news website…
Cryptocurrency exchange operator Bullish (BLSH) is set to go public on Wednesday at a valuation north of $5 billion as the IPO market looks set to continue a strong summer. The company, which operates a crypto exchange and owns the prominent trade publication CoinDesk, said Tuesday that it had priced its IPO at $37 per…
LONDON (Reuters) -Coinbase’s Frankfurt-listed shares tumbled 11% on Friday, a day after the cryptocurrency exchange reported a drop in adjusted profit for the second quarter, as gains in subscription and services revenue were offset by weaker trading activity. Shares in the company fell almost 7% in after-hours trading on Thursday following the release of its…
(Reuters) -Cryptocurrency exchange Bullish on Friday disclosed a quarterly loss compared to a year-ago profit in its paperwork for a U.S. initial public offering, amid rising investor interest in the sector. Bullish joins crypto exchange Gemini and crypto-focused asset manager Grayscale — both of which have confidentially filed for potential U.S. listings. Uncertainty surrounding President…
We recently published Jim Cramer Discussed These 10 Stocks & AI-Led Job Growth. Coinbase Global, Inc. (NASDAQ:COIN) is one of the stocks Jim Cramer recently discussed. Coinbase Global, Inc. (NASDAQ:COIN) is a cryptocurrency exchange that has managed to command a dominant position in the hot Bitcoin market. The firm’s shares have gained 54% year-to-date, particularly…