Bakkt has posted back-to-back losses and a plummeting share price since listing in October 2021 and the NYSE is threatening to pull it.
NYSE News
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The crypto custody and trading platform was cleared for a $150 million shelf offering just a week after declaring its ability to continue as a “going concern.”
7233The institutional digital asset trading platform unveiled in 2018 amid huge fanfare has just disclosed it “might not be able to continue as a going concern.”
6673Grayscale Investments filed a new registration statement with the U.S. Securities and Exchange Commission after the Court of Appeals for the District of Columbia Circuit ruled the regulator must look again at the company’s application.
11310A Jan. 25 report from the Financial Times which was widely shared characterized Circle as having “blamed” the SEC for its “jettisoned” public listing plan.
7986Twitter shareholders will receive $54.2 per share on their holdings as part of the deal, but Musk said earlier that he might take the company public again in three to five years.
17182Uniswap said it is betting on her experience with TradFi translating over to DeFi to further help them evolve their place in Web3.
2828The undisclosed investment will result in ICE becoming a significant minority shareholder in tZero and is another sign of the closing of the divide between equities and crypto assets.
5370The world's largest stock exchange may be planning to bring business into the Metaverse.
6005Bitwise’s chief investment officer explained why the firm has decided to drop its Bitcoin futures ETF and focus on the spot Bitcoin ETF.
6017While BTIO is going from strength to strength with a total of $1.4 billion worth of inflows since late October, one expert thinks that VanEck’s Bitcoin spot ETF has a 200-to-1 chance of being approved by the SEC.
6828Exchange-traded products with exposure to cryptocurrencies are increasingly gaining ground.
3337Volt Equity’s ETF consults with PlanB’s Bitcoin stock-to-flow model to adjust exposure.
10157Decreasing reserves mean a decline in Bitcoin supply for selling, altcoin purchasing and margin trading.
8257The price of Bitcoin rose to a five-month high of $63,293 following shares of ProShares’ ETF opening for trading.
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