Latest IPO News

Gemini’s November 2021 fundraise of $400 million valued the exchange at $7.1 billion, though it has had challenges since.

Circle had boosted its IPO to a range of $1.05 billion on June 4 as investor demand grew significantly.

USDC issuer Circle has upsized its initial public offering again, selling 34 million shares at $31 each.

Bitcoin-stacking Strategy is looking to raise $250 million through a new perpetual preferred stock listing to buy more Bitcoin.

Circle has increased its IPO target to $896 million amid rising investor interest, growing stablecoin adoption and a more favorable US regulatory environment.

Asset managers BlackRock and ARK Invest have indicated interest in acquiring over $150 million in Circle’s shares

As part of its 24 million-share IPO, Circle will be offering 9.6 million shares of Class A common stock, while selling stockholders will offer the remaining 14.4 million shares.

Anthony Pompliano’s fintech-focused SPAC, ProCap Acquisition Corp, rose 7% on its Nasdaq debut after bumping its IPO to $220 million a day before listing.

Circle is reportedly seeking a sale price of at least $5 billion, which would be around the amount it’s targeting for its IPO.

Crypto and stock trading platform eToro closed its first day of public trading up 28.9% after it jacked up its IPO at the 11th hour.

The Israel-based eToro has boosted its public offering to $620 million after pricing its shares at $52, above its marketed range.

Stock and crypto trading platform eToro is looking at a $500 million raise to value it at $4 billion when it goes public in the US.

Kraken said its acquisition of NinjaTrader is complete, enabling traditional derivatives trading for US customers as the exchange’s revenue rose to $471.7 million in the first quarter.

The crypto exchange will reportedly be located in the same Wynwood neighborhood as Ripple Labs' Miami operation.

CEX listings had an average return of over 80% during the past 180 days, outperforming the NYSE and Nasdaq’s average IPO returns.