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Kraken mulls potential investor at $20 billion valuation ahead of planned IPO: Bloomberg

Kraken mulls potential investor at $20 billion valuation ahead of planned IPO: Bloomberg

Kraken is in talks to raise money ahead of a possible initial public offering that could push its valuation to $20 billion, Bloomberg reported Friday."The funding, which is not yet finalized and remains subject to market conditions, would consist of a $200 million to $300 million commitment from a s…

ReserveOne files with SEC to advance $1 billion Nasdaq listing via SPAC merger

ReserveOne files with SEC to advance $1 billion Nasdaq listing via SPAC merger

ReserveOne, a newly formed crypto asset management firm inspired by the U.S. Strategic Bitcoin Reserve, said that it has confidentially filed a draft statement on Form S-4 with the U.S. Securities and Exchange Commission.In a Tuesday press release, ReserveOne stated that it has filed the Form S-4 as…

Crypto custodian BitGo reveals 2025 revenue surge in US IPO filing

Crypto custodian BitGo reveals 2025 revenue surge in US IPO filing

Crypto custodian BitGo has filed for a U.S. initial public offering, seeking a listing on the New York Stock Exchange, in the wake of dynamic public debuts from crypto firms like Circle, Bullish, and Figure. BitGo, which filed a confidential draft version of its S-1 IPO statement in July, revealed a…

Gemini’s Wall Street debut loses shine as crypto stock slides below IPO price

Gemini’s Wall Street debut loses shine as crypto stock slides below IPO price

Gemini Space Station, the crypto firm led by Tyler and Cameron Winklevoss, saw its shares slide below its IPO price of $28, extending losses on Wednesday less than a week after it went public in the U.S.Gemini's stock, listed under ticker GEMI, dropped 12.8% to close at $24.53 on Wednesday but edged…

Ethereum Price Prediction: Citi Caps Year-End at $4,300, But ETF outflows Challenge Outlook

Ethereum Price Prediction: Citi Caps Year-End at $4,300, But ETF outflows Challenge Outlook

Ethereum (ETH) has been consolidating between $4,200 and $4,700 after setting an all-time high last August. While many investors anticipate a strong fourth quarter, Citigroup has issued a tempered outlook, projecting ETH to close the year at $4,300.According to a Reuters report, Citi attributes Ethe…

BlackRock seeks to tokenize ETFs after bitcoin fund breakthrough - Bloomberg News

BlackRock seeks to tokenize ETFs after bitcoin fund breakthrough - Bloomberg News

-- Source link: https://tinyurl.com/3tjm4efc-- Note: Reuters has not verified this story and does not vouch for its accuracy

Chainlink, UBS, DigiFT launch Hong Kong pilot for automated tokenization fund

Chainlink, UBS, DigiFT launch Hong Kong pilot for automated tokenization fund

Chainlink, a blockchain oracle provider, and UBS, a $5.9 trillion asset manager, have partnered with DigiFT for a pilot study to automate real-world tokenization funds. This feature could eliminate manual errors, according to the companies. If successful, the study could have implications for RWA to…

Nasdaq-listed CIMG completes $55 million raise for bitcoin treasury initiative

Nasdaq-listed CIMG completes $55 million raise for bitcoin treasury initiative

Nasdaq-listed sales development firm CIMG Inc. announced Tuesday that it has completed a $55 million raise for purchasing bitcoin.The funds were raised through the sale of 220 million shares of its common stock at $0.25 per share. With the proceeds, the company is set to acquire 500 BTC, according t…

Bitcoin ETFs See Pickup in Demand — Market Talk

Bitcoin ETFs See Pickup in Demand — Market Talk

Bitcoin exchange-traded funds are seeing improved demand after recent capital outflows, Deus X Pay director James Madden says. Spot bitcoin ETFs from Fidelity and BlackRock have broken their outflow streak, bringing in $219 million in daily inflows, he says. "This shift reflects a renewed interest i…

Mike Cagney’s Figure Technology publicly files for IPO; revenue grows 22% in first half of 2025

Mike Cagney’s Figure Technology publicly files for IPO; revenue grows 22% in first half of 2025

SoFi co-founder Mike Cagney's blockchain-powered lender Figure Technology Solutions Inc. publicly filed for an initial public offering on Monday, following its draft registration earlier this month.According to Figure's public S-1 filing with the Securities and Exchange Commission, the IPO will list…