Tag: banking

U.S. subsidary of crypto exchange, FTX, closes first raise at $8 billion valuation from venture capital names like Paradigm, SoftBank and Temasek. ( read original story ...)

DeFi apps could disappear if the crypto rout lasts for a year, says DappRadar, according to a Bloomberg report. ( read original story ...)

Diem is in talks with investment banks about how best to sell its intellectual property and cash out any remaining value, the report said. ( read original story ...)

S&P 500 and Nasdaq futures were trading roughly 2% higher at one point, pointing to a solid open on "Fed Day." ... ( read original story ...)

FTX U.S., the American affiliate of cryptocurrency exchange FTX, has raised $400 million in its first external fundraising round. ( read original story ...)

Japan's Nikkei dropped to its lowest level since December 2020 on Wednesday, as technology issues retreating on Wall Street overnight weighed, in twine with concerns over a possible hawkish outcome at ... ( read original story ...)

Japanese trading house Marubeni Corp will sell the grains business of its U.S. unit Gavilon to commodities trader Glencore PLC's Viterra arm for $1.125 billion, plus working capital, Viterra said on ... ( read original story ...)

Pablo, meet Crypto. Heirs of Pablo Picasso, the famed 20th-century Spanish artist, are vaulting into 21st-century commerce by selling 1,010 digital art pieces of one of his ceramic works that has ... ( read original story ...)

Japan's Fair Trade Commission has drawn up a report that setting inappropriately low prices for shares of newly listed companies in initial public offerings could violate the antimonopoly law, it was ... ( read original story ...)

In Japan, stocks dived before recovering some losses later in the session. "Investors are just waiting for the end of the Fed's meeting and how the market will move after that will totally depend on ... ( read original story ...)

Marubeni Corp said on Wednesday it will sell U.S. unit Gavilon's grains business to commodities trader Glencore PLC's Viterra arm in a deal the Japanese trading house expects to be worth up to $3.5 ... ( read original story ...)

The former First Lady is auctioning off a white hat, but the crypto-only bids have led to its value dropping amid the ongoing crypto crash. ( read original story ...)

The Japan Fair Trade Commission will warn brokerage firms that underpricing initial public offerings on the stock exchange may violate the antimonopoly law, sources familiar with the matter said ... ( read original story ...)

TOKYO, Jan 26 (Reuters) - Japan's Nikkei index ended lower on Wednesday, dragged down by technology heavyweights after their U.S. peers slumped overnight on concerns over an increasingly hawkish ... ( read original story ...)

Cryptocurrencies have lost roughly half their total value in a matter of weeks, underlining the perils for everyday investors and hiking pressure on Washington regulators to develop a coordinated ... ( read original story ...)

Many board members, however, stressed the need to maintain ultraloose monetary policy to support a fragile economy facing fresh risks. ( read original story ...)