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Crypto exchange Hashkey raises $206 million in Hong Kong IPO, source says

Crypto exchange Hashkey raises $206 million in Hong Kong IPO, source says

By Kane Wu HashKey Holdings, Hong Kong's largest licensed crypto exchange, is set to raise about HK$1.6 billion ($206 million) after pricing its Hong Kong initial public offering at HK$6.68 a share, one source with direct knowledge said on Monday.HashKey launched the IPO last week, offering 240.6…

SPAC Meshflow Acquisition Files for $300 Million IPO

SPAC Meshflow Acquisition Files for $300 Million IPO

By Stephen NakrosisMeshflow Acquisition, a special purpose acquisition company, filed for a $300 million initial public offering.The company said Wednesday it expects to target opportunities and companies that operate at the infrastructure layer of the blockchain and digital asset ecosystem for its …

Crypto Exchange Bullish Sets IPO Terms That Could Push Market Cap Above $4.2 Billion

Crypto Exchange Bullish Sets IPO Terms That Could Push Market Cap Above $4.2 Billion

By Colin KellaherBullish unveiled terms of a planned initial public offering that could give the digital asset platform a market capitalization topping $4.2 billion.Bullish on Monday said it plans to sell 20.3 million shares at between $28 and $31 apiece in the IPO.At the $29.50 midpoint of that ran…

Bitcoin Price Rises. This Could Be the Next Big Crypto IPO After Success of Circle Stock. — Barrons.com

Bitcoin Price Rises. This Could Be the Next Big Crypto IPO After Success of Circle Stock. — Barrons.com

By George Glover and Elsa OhlenBitcoin price rose Monday, building on a strong week for cryptocurrencies as an asset class — and more good news could be on the way soon.The world's largest token was up 1.6% to $107,409 over the past 24 hours, according to data from CoinDesk. It's trading about 4% be…

Stablecoin co Circle quadruples from IPO price

Stablecoin co Circle quadruples from IPO price

** Shares of stablecoin firm Circle Internet continue to surge and are up 19.6% at $128.80 premarket, more than quadruple their IPO price ** CRCL shares on Fri closed up ~29% at $107.70 in their second day of trading following blowout debut on Thurs after $1.05 bln offering priced at $31 …

As Crypto Mania Returns, An IPO Soars Nearly 250% — Barrons.com

As Crypto Mania Returns, An IPO Soars Nearly 250% — Barrons.com

By Paul R. La MonicaCrypto is on fire again. After a deep slump earlier in the year, prices are jumping and new investors are piling in. In a stunning sign of the times, the initial public offering of Circle Internet Group surged some 170% on its first day of trading Thursday.Circle, which issues a …

Stablecoin giant Circle reveals revenue growth in US IPO filing

Stablecoin giant Circle reveals revenue growth in US IPO filing

Circle Internet Group disclosed a nearly 16% jump in revenue after markets closed on Tuesday, as the USD Coin issuer attempts a second go at listing on the New York Stock Exchange.The company reported revenue and reserve income of $1.68 billion for last year, compared with $1.45 billion in 2023.…

Nvidia-backed CoreWeave plans to downsize US IPO, source says

Nvidia-backed CoreWeave plans to downsize US IPO, source says

CoreWeave plans to reduce the size of its U.S. initial public offering and price the shares below range, a person familiar with the matter told Reuters on Thursday. The Nvidia -backed cloud services provider is now looking to sell 37.5 million shares and price them below the range at $40 apiece,…