Best Crypto to Buy as an XRP ETF Teases a Thursday Debut
Quick Facts: ➡️ A filed Form 8-A and pending Nasdaq certification point to a near-term debut for the Canary XRP ETF, potentially this Thursday. ➡️ It would mark the first US spot ETF for XRP and a fresh test of the SEC’s new crypto ETP playbook. ➡️ Market history shows that when new ETFs go […]
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Evernorth chief executive Asheesh Birla says the company’s planned $1 billion war chest for XRP is only a starting line, outlining an active-management strategy designed to recycle yield into additional purchases and position the treasury vehicle for a Nasdaq debut under the ticker XRPN in the first quarter of 2026. In a new interview on […]
Unlike traditional IPOs with a six-month lockup period, Robinhood will allow its employees to sell 15% of its shares immediately after the public debut. Shares of cryptocurrency-friendly trading app Robinhood dropped more than 8% in its public Nasdaq debut on Thursday, marking one of the worst initial public offering (IPO) debuts of its size.Robinhood’s HOOD stock tumbled 8.4% below the IPO price in the company’s first trading session on July 29, dropping from $38 to $34.82. The company went public on Nasdaq at a $32 billion valuation to see its market capitalization fall to $29 billion....
The U.S. Securities and Exchange Commission (SEC) has greenlighted Coinbase’s initial public offering via a direct listing on Nasdaq, the company has confirmed. Coinbase’s IPO is set to debut in two weeks, on April 14. Coinbase IPO to Debut in 2 Weeks Coinbase Global Inc. announced Thursday that the U.S. Securities and Exchange Commission (SEC) has declared its registration statement relating to its initial public offering (IPO) effective. The company has also set a date for its IPO, stating: Coinbase anticipates that its Class A common stock will begin trading on the Nasdaq....
Bitcoin (BTC) and cryptocurrency exchange Gemini (GEMI), founded by twins Tyler and Cameron Winklevoss, experienced a major debut on the Nasdaq, soaring nearly 40% following the company’s initial public offering (IPO), which raised $425 million. Gemini Success On Nasdaq Debut Based in New York, Gemini priced its IPO late Thursday above the anticipated range of $24 to $26, reflecting strong investor interest. This valuation positioned the company at approximately $3.3 billion before trading commenced. Related Reading: Ethereum (ETH) On The Brink Of A Major Supply Crisis: What It Means For....
Crypto exchange Coinbase released its Q1 2021 figures last week, earning the company many plaudits. The key headline was its $1.8bn revenue for the quarter. But the figures also revealed an uptick in both retail and institutional growth. Coinbase Goes Mainstream Coinbase is expected to debut on the Nasdaq, via a direct listing, on April […]