Japan’s Rakuten considering a U.S. IPO for its credit card division, sources indicate.
Rakuten Considers IPO for Credit Card Business in the U.S. TOKYO, Oct 15 – Japan’s Rakuten is exploring the possibility of an initial public offering (IPO) for its credit card division in the United States, according to sources familiar with the situation. Discussions are still in the early stages, and the company might also consider […]
Reasons investors shouldn’t expect a profitable TikTok IPO anytime soon
President Trump claims to have secured a deal that keeps TikTok operational in the U.S., yet investors shouldn’t anticipate a fast profit from a potentially lucrative initial public offering, according to sources from a U.S. investment group. This group is finalizing plans for a new company that complies with laws that threaten to ban TikTok […]
BitGo submits a request for a US IPO with $90 billion in assets held.
Bitgo Files for U.S. IPO Amid Growing Institutional Demand Bitgo, a crypto custody firm, has submitted an application for an early public offering (IPO) in the U.S., likely aiming to tap into the rising demand for digital asset infrastructure following recent regulatory changes under the Trump administration. The company is looking to list its Class […]
Gemini’s stock rises 32% in its NYSE debut after setting IPO price higher than expected.
Gemini Space Station Stock Surge Gemini Space Station, the cryptocurrency venture by the Winklevoss twins, saw its stock rise by around 32% during its debut on the New York Stock Exchange last Friday. Primarily known as a crypto exchange, Gemini opened at a price of $28 per share, later trading above that mark. This valuation […]
Gemini cryptocurrency exchange by Winklevoss becomes public in a $3 billion IPO arrangement
Investors Tyler and Cameron Winklevoss received a series of acknowledgments from President Donald Trump for their efforts in advancing the cryptocurrency sector. Gemini, the crypto exchange established by the Winklevoss twins, is set to commence trading on Friday following a successful $425 million initial public offering, marking a significant step in the industry. The shares, […]
Figure (FIGR) Launches on Nasdaq with $787M IPO Following Circle’s Achievement
Figure Technology (FIGR) is set to start trading on Nasdaq today under the ticker “Figr.” This follows a successful US Early Public Offer (IPO) that raised around $787.5 million just yesterday. The timing coincides with the debut of Circle Internet (CRCL), another player in the Stablecoin space, which seems to have added to the excitement […]
Future CFTC chair shares private messages with Winklevoss twins just before IPO
Brian Quintenz, who has been nominated by President Donald Trump to lead the US Commodity Futures Trading Commission (CFTC), shared several text exchanges with Gemini co-founders Cameron and Tyler Winklevoss. In a recent X Post, Quintenz mentioned that these texts were released due to concerns over a misunderstanding involving Trump and the Winklevoss twins. The […]
Klarna’s IPO impresses, securing $1.4B, with Sequoia as the top beneficiary.
Klarna Successfully Completes IPO on NYSE Klarna, the 20-year-old fintech company, has recently achieved a significant milestone by completing its initial public offering (IPO) on the New York Stock Exchange, raising $1.4 billion. This accomplishment came primarily from existing investors. The fintech giant priced its shares at $40, exceeding the anticipated range of $35 to […]
Klarna’s IPO Offers a Significant Chance for Investors
Key takeout Klarna shares are estimated to be worth around $45 each. The company has a narrow economic moat due to network effects and buying now benefits. A new agreement with a payment service provider could enhance merchant volume, potentially aiding Klarna’s profitability in the buy now, pay later space. Klarna is making another attempt […]
Reasons for the Drop in Figma Stock (FIG), Over 50% Decline Since Its Huge IPO
Figma’s Revenue Report: Growth Amid Concerns Figma recently shared its first set of revenue figures post-IPO, revealing a 41% increase year-over-year. However, the company fell short of revenue expectations and noted a slight dip in customer retention. Following the IPO, Figma’s ratings have improved. But the stock faced a decline on Thursday, dropping 18.3% as […]