Bitcoin Group Falls Short: Raises US$5.9 Million in IPO
Despite the disappointing IPO, Bitcoin Group hopes to see a growing trend in their publicly listed shares, which will be processed by ASX very soon. Bitcoin Group, one of the largest mining operators which has been planning its initial public offering (IPO) since 2014, announced that its IPO offer and ASX Bookbuild which closed on January 25, 2016, raised over US$5.9 million. The quotation of the shares on the Australian Securities Exchange (ASX) has not been listed yet, and Bitcoin Group is working with ASX on the listing application progress. Initially, the company aimed to raise US$20....
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The Bitcoin Group, a Melbourne, Australia-based bitcoin miner, raised 5,927,168.40 AUD in an initial public offering for its long-anticipated listing on the Australian Stock Exchange (ASX), significantly missing its 20 million AUD target. The company announced it is working with ASX on the listing application process as it seeks to become the world’s first publicly-listed bitcoin company. Despite raising less than a third of its goal, Sam Lee, the company’s CEO, characterized the sum raised as a “solid result” and said the company will execute its plan to expand its footprint by acquiring....
Animoca Brands has announced the blockchain and cryptocurrency-focused firm has raised $358.8 million to bolster the non-fungible token (NFT) industry and “build the open metaverse.” The capital raise follows the firm’s previous $65 million and $138.88 million raises last year and today, Animoca Brands has an overall valuation of $5 billion.
Animoca Brands Raises $358 Million in Financing Led by Liberty City Ventures, Blockchain Company Has Pre-Money Valuation of $5 Billion
The firm Animoca Brands is a global developer utilizing popular brands,....
Singapore-based crypto bank Vauld is working hard to elevate crypto to the status of a separate, viable asset class. It combines the functionality of an exchange with all the essential offerings of a bank, except it’s for cryptocurrencies. Vauld Raises $2 Million The Vauld team just raised USD 2 million from Pantera, Coinbase Ventures, and CMT digital among others, over the last four months. “The investors loved that we were building to solve for banking with cryptocurrencies,” says CEO, Darshan Bathija. As the crypto market dominates financial news and gears up for what....
Mexico’s first Bitcoin exchange, Bitso, announced that it has raised $2.5 million in venture capital. The company, founded in 2014, has now raised a total of $4.35 million, becoming the dominant cryptocurrency provider in the Latin American region. Mexico’s First Bitcoin Exchange Bitso Raises $2.5M in Series A Funding. Bitso was the first exchange that....
Metaverse Group has snapped up a lot of land and has said it has no plans to stop buying plots of metaverse land across various metaverse platforms. Metaverse Group, which is headquartered in Decentraland, announced on Nov. 23 that it had completed what it calls “the largest Metaverse land acquisition in history.”The subsidiary of Tokens.com snapped up 116 parcels of land “in the heart of the Fashion Street district” in Decentraland. The total size of the land purchased is equivalent to 6,090 square feet of land at the cost of 618,000 MANA tokens worth about $2.5 million.Metaverse Group....