IPO

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale. Digital Currency Group Sells $700 Million in Secondary Sale Round Digital Currency Group (DCG), a crypto-focused company, announced a secondary sale where existing investors sold part of their shares to newcomers to the

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale. Digital Currency Group Sells $700 Million in Secondary Sale Round Digital Currency Group (DCG), a crypto-focused company, announced a secondary sale where existing investors sold part of their shares to newcomers to the

Bakkt Holdings Set to Go Public on New York Stock Exchange

Crypto asset custodial and trading platform Bakkt will be listed for trading on the New York Stock Exchange under the ticker BKKT from Oct 18, 2021. The company is owned by International Exchange Incorporated, which owns the NYSE. Sponsored Sponsored Bakkt Holdings has a current valuation in excess of $2 billion. Coinbase, a competitor to Bakkt, was also listed on the NASDAQ in its own IPO in April of this year.  The company first announced in January that it was making plans to go public, and is now ready to

This crypto ad exec tells us how the industry will evolve and why transparency is so important

CryptoSlate recently had the opportunity to chat with Milo McCloud, the co-founder of Paradox Group, a well-known crypto advertising firm that works with some of the biggest names in blockchain.What is the professional background of the Paradox founders and what is their previous experience in crypto?I am a blockchain, fintech, and cryptocurrency specialist focusing on growth opportunities for companies in these sectors.Prior to co-founding Paradox Group, I worked in investment sales and marketing, as well as having represented Great Britain in Alpine Skiing as an international athlete.My co-founder, Paul Burnham,

Binance U.S could realize its IPO dreams by 2024

Popular crypto-exchange Binance’s U.S. division could have an initial public offering by 2024, according to CEO and Founder Changpeng Zhao. In a recent interview, the exec noted, “Binance.US is just going to do what Coinbase did.” Here, it’s worth noting that Coinbase’s IPO was followed by lawsuits from Donald Ramsey and other investors. In fact, many of the latter have alleged the exchange made “materially misleading” statements during its IPO. As Coinbase continues to fight this charge, Binance may want to make sure that it covers its bases from regulatory

SPAC Blockchain Coinvestors Files $250M IPO

Special Purpose Acquisition Company Blockchain Coinvestors has filed for a $250 million IPO, according to an SEC filing.Sponsored Sponsored Blockchain Coinvestors Acquisition has filed for a $250 million IPO, according to a United States Securities and Exchange (SEC) filing. The preliminary prospectus notes that each share will be available at an offering price of $10. Blockchain Coinvestors Acquisition is a blank check company that is based in the Cayman Islands. The prospectus describes the company as “focused on identifying unique business concepts with high-performing organizations that have both aspirations to

BIC’s Video News Show: Robinhood IPO

In this episode of the BeInCrypto video news show, host Jessica Walker takes a look at Robinhood. Sponsored Sponsored The company just had an IPO and experienced spectacular growth in terms of new users and revenue. They definitely made the most of the meme stock phenomenon and the hype around Dogecoin and Bitcoin. But what are they more focused on, democratizing access to the stock market and meme stocks, or crypto, where they’ll do battle with Coinbase and Binance? Crypto windfall Robinhood’s second-quarter earnings report late Wednesday revealed its reliance on

Analyst on Bitcoin: This is ‘a very strong sign of…’

For one whole day, after some pretty monotonous consolidations and devastating price dips, Bitcoin price candles were green on a one-hour, four-hour, and one-day chart. With this latest movement, market speculations were rife if this rally was here to stay. In the case of Bitcoin, its price has been affected by external news in the past. Some consider these factors to be driving forces to the price action and during BTC’s recent bull run the news side of it looked positive. News like Binance and FTX  limiting leverage trading and