Cryptocurrency Analysis and News Portal
Airbnb may have had a change of heart on cryptocurrencies, according to the prospectus for its planned initial public offering (IPO).Filed with the U.S. Securities and Exchange Commission Monday, the prospectus says that its “future success will … depend on our ability to adapt to emerging technologies such as tokenization,
Read More
Despite making revenue, the US leading food delivery app Doordash has also suffered a loss of almost $149 million.On Friday, DoorDash filed its IPO prospectus with the Securities and Exchange Commission (SEC). Following the successful filing, the company expects to use the symbol DASH to list its shares on the
Read More
The move by President Xi Jinping to halt the Ant Group’s IPO may take a subtle backing from the need to beat down competition for the soon to be launched Digital Currency Electronic Payment (DCEP) system.President Xi Jinping, the Chinese President and leader of the China Communist Party (CCP), has
Read More
Ant Group’s suspended initial public offering (IPO) has shed further light on a possible motivation behind China’s digital yuan. The Chinese government appears to view the payments giant as a destabilizing force to China’s economy, and the digital yuan is a way to keep companies like this in check. Industry watchers
Read More
Airbnb is going to raising about $3 billion via the IPO and looks to increase its valuation to about $30 billion.American vacation rental online marketplace company Airbnb Inc is set to make an official filing for its proposed Initial Public Offering (IPO) in the United States. According to a Reuters
Read More
[UPDATED] Ant Group’s IPO has been suspended on both the Shanghai and Hong Kong stock exchanges due to significant changes in China’s regulatory environment for fintech firms that are expected to affect the company. The Shanghai exchange said Tuesday that the changes will create new requirements such as more financial disclosures
Read More
INX will list on the CES once it closes its $117 million IPO. Source
Read More
Ant Group raised over $34.5 billion in Hong Kong and Shanghai. The company recorded a huge retail investors bid of $3 trillion which equals the Gross Domestic Product (GDP) of the United Kingdom.Ant Group, a company that is in charge of the biggest payment platform in China records a mad
Read More
Australia’s crypto-friendly capital raising platform Stax has announced its client West Coast Aquaculture Group (WCA) will be conducting the country’s first initial public offering that accepts virtual currency as payment.Investors participating in WCA’s offering can purchase equity in the company using Tether (USDT) or Australian dollars. USDT was chosen over
Read More
As per the market estimates, the Jack Ma-backed Ant Group will list its shares at the Hong Kong and the Shanghai STAR at 69 yuan per share price. This could further boost Shanghai’s status as the fastest ever-growing market in the world.China’s Ant Group is preparing for a dual listing
Read More