Friday, April 19, 2024
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Tech Observers Show Little Faith in UK IPO Market Following Arm Snub

The UK IPO market has come under scrutiny as analysts believe it has lost its appeal in attracting big-name tech listings.    Tech investors have questioned the UK market as a veritable IPO destination after native semiconductor giant Arm shunned the country. The British designer recently opted to list in New York at London’s expense, which many fear could

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Bhutan’s sovereign investment arm quietly invests millions in crypto: Report

The Kingdom of Bhutan’s sovereign investment arm, estimated to manage around $2.9 billion in assets, has placed millions of dollars in cryptocurrencies and was a customer of bankrupt crypto firms BlockFi and Celsius.Druk Holding and Investments (DHI), a commercial arm of the royal government of Bhutan, has grown a crypto

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FTX’s Bahamas Arm a ‘Nullity’ That Should Be Stripped of Assets: Court Filings

“Mr. Bankman-Fried, and others at his direction, maintained a close, accommodating relationship with Bahamian law enforcement agencies” including the prime minister, attorney general and Securities Commission, the filing reads, adding that the FTX founder “aimed to leverage that relationship to minimize his criminal and civil exposure should the massive fraud

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