IPO News

Phoenix Group, a major bitcoin mining service provider based in Abu Dhabi, recently announced the successful completion of its Initial Public Offering (IPO), securing a substantial $370 million in capital. 

The latest strategy could underscore a trust-centric approach deemed crucial for regaining Bithumb's leading position in the Korean crypto exchange space.

Stablecoin issuer Circle Internet Financial is considering going public, although no final decision has been made yet. USDC issuer Circle Internet Financial Ltd. is weighing an IPO in 2024, three years after the firm announced its plans to go public…

Several media outlets have circulated a presentation detailing Telegram Group Inc.’s preparation for an initial public offering (IPO). A presentation about preparing an initial public offering (IPO) by Telegram Group Inc. has been distributed online by several media outlets. The…

On Oct. 16, Ripple, the blockchain-based digital payment network, released a job posting for the position of Senior Manager for Shareholder Communications.

The San Francisco-headquartered firm fired 26 employees in an effort to go public despite banking challenges.

Ant Group, Alibaba’s fintech arm, is rumored to exclude blockchain development from its primary financial business in China to pave the way for a Hong Kong IPO. Ant Group Co., a fintech affiliate of the Chinese e-commerce giant Alibaba, is…

A lawsuit filed in a state court in Delaware alleges that Coinbase's top executives enriched themselves by $1.09 billion by not disclosing negative information about the company.

Investors of crypto mining firm Argo Blockchain have filed a class action lawsuit alleging that the miner misled them during its initial public offering (IPO) in 2021.  The lawsuit, filed on Jan. 26, claims Argo’s offering documents were “negligently prepared,”…

Brad Garlinghouse, the CEO of cryptocurrency exchange Ripple, said on CNBC that the company is exploring the possibility of an IPO once its lawsuit against the U.S. Securities and Exchange Commission is resolved. Notably, the lawsuit filed by the SEC…

According to Bloomberg, which first reported the move, the firm's flotation could happen as soon as before the end of 2022. However, the IPO may be delayed until 2023, and these plans could also change, according to a report described by credible sources. The company's representative declined to issue any comments on the matter.

Earlier this week, interactive social media platform Reddit announced that they had filed for an IPO with the US SEC to allow the public to invest with them. They also said that even though they were through with the application…

The Financial Market Supervisory Authority (FINMA) of Switzerland has rejected Bitcoin Suisse’s application for a banking license. AML Weaknesses Contributed to the Rejection The move is a significant setback for the eight-year-old crypto broker, which is flush with cash, on…

Major U.S. cryptocurrency exchange Coinbase has revealed its filing with the U.S. Securities and Exchange Commission (SEC), as the company is preparing for a direct listing of its Class A common stock on the US giant stock exchange, Nasdaq. Coinbase…

The extent of the anti-crypto sentiment in India seems to be deepening with initial public offerings (IPO) participants like promoters, investment banks, and lawyers likely to be barred from holding or investing in cryptocurrencies. Meanwhile, the threat of a blanket…

Polkadot is set to unveil a new model for launching blockchain and decentralized application on its network called Initial Parachain Offering (IPO). This is part of the blockchain’s effort towards ensuring a scalable and transparent process that would revolutionize the…