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Nalezeno "IPO": 803

Reddit’s IPO heats up: Latest news and what to watch


Reddit, a social media giant, is looking to gain a better valuation ahead of its IPO launch. It will happen next week to float RDDT on the NYSE, which is the New York Stock Exchange. Shares going public is a milestone for which Reddit has seemingly worked hard; however, there are certain criticisms...

South Korea’s Crypto-keen K Bank Aims for IPO Amid BTC Boom


K Bank, a South Korean neobank that has seen rapid growth thanks laregely to its crypto operations, is set to make an initial public offering (IPO) bid. The post South Korea’s Crypto-keen K Bank Aims for IPO Amid BTC Boom appeared first on Cryptonews

Reddit files IPO, names Bitcoin and Ether holdings


Reddit submitted an application for an IPO with the US Securities and Exchange Commission. It revealed that Reddit has substantial holdings in Bitcoin and Ether. Also, Reddit invested in Ether and Polygon as a form of payment for sales of certain virtual goods. Reddit’s IPO filing is part...

Reddit Embraces Crypto: IPO Filing Reveals Bitcoin, Ether Investments


Reddit Inc. has disclosed cryptocurrency investments in its initial public offering (IPO) filing with the U.S. Securities and Exchange Commission (SEC). The social media giant noted that as of the end of December last year, “we did not hold digital assets other than bitcoin and ether...

Crypto Miner Phoenix Group Reports 50% Jump in Net Income


UAE-based blockchain mining firm Phoenix Group said it has seen a 50% growth in net income and a “substantial increase” in year-on-year sales following its initial public offering (IPO) on the Abu Dhabi Stock Exchange. In an announcement, Phoenix Group said sales experienced a surge of...

Shareholder Sues Crypto Mining Firm Over Unrealistic Pre-IPO Claims


A shareholder sued crypto mining firm Stronghold’s senior officials, claiming that they made impractical pre-IPO pledges. Glenn Bruno’s Friday complaint targets Stronghold’s officers and directors for alleged legal violations between July 2021 to March 2022. The violations include breaches...

Ripple Considers IPO Outside US in Response to SEC’s ‘Hostile’ Stance


Ripple CEO Brad Garlinghouse has revealed that the company explored IPO options outside the United States, attributing this decision to a challenging relationship with the U.S. Securities and Exchange Commission (SEC). Speaking at the World Economic Forum in Davos, Switzerland, Garlinghouse...

USDC Stablecoin Issuer Circle Confidentially Files For IPO


Source: AdobeStock Circle Internet Financial – the issuer of the world’s second-largest stablecoin, USD Coin (USDC) – has quietly filed for an initial public offering (IPO) with federal regulators. Their IPO registration follows a series of historic approvals by the Securities and Exchange...

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