The blockchain-based lending platform beat revenue estimates but fell short on earnings, even as annual profit reached $134 million.
Cryptoequity News
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The equity offering builds on Backpack’s token announcement earlier this month, in which the first 62.5% of tokens will be distributed to users.
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Crypto IPO season is underway. Circle’s explosive debut has fueled filings from Gemini and Bullish, with Kraken, BitGo, and Consensys potentially next.
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Azuki’s researcher in residence, Waleswoosh, believes this is legal under certain circumstances.
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After a tumultuous year, Bitcoin mining ETFs are back in the leading positions on performance charts for the first month of 2023.
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Private equity firm Thoma Bravo led the expansion round, bringing the total amount raised to $130 million.
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