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Coinbase Opts out of IPO Routine, Chooses Popular Direct Listing Route


The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution...

Crypto Exchange Operator Affiliate to Launch Blockchain Genome Platform


An affiliate of the Japanese crypto player and securities giant Monex Group is set to make use of a new blockchain technology-based platform as part of an ambitious genome research project. Per a press release, Genex, a Tokyo-based startup founded last year that is 40% owned by Monex, is looking...

Dogecoin Price Skyrockets 325%, Crypto Fueled by Elon Tweets and Redditors


The infamous meme token dogecoin has been skyrocketing in value rising more than 325.21% during the last 24 hours. After remaining below a U.S. cent for years, the humorous crypto asset is now exchanging hands for $0.05 per unit. The reason behind the big dogecoin price spike is similar to...

$180 Million Bitcoin Investment Fund IPOs on Canadian Stock Exchange


Canadian investment management firm Ninepoint has completed an initial public offering (IPO) of its bitcoin fund on the Toronto stock exchange. The company says the offering is the largest IPO of a bitcoin investment fund in Canada to date. Ninepoint Partners announced Wednesday that its Bitcoin...

Robinhood Now Limits Crypto Trading Too


Popular trading app Robinhood confirmed that it is now limiting crypto trading due to "extraordinary market conditions." "Due to extraordinary market conditions, we’ve temporarily turned off Instant buying power for crypto. Customers can still use settled funds to buy crypto,"...

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