An IPO could put increased pressure on Grab to run more profitably. Failing to deliver on that could result in lower stock prices, which in turn would erode the company’s valuation – a founder’s ... ( read original story ...)
Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’
Grayscale Investments has surpassed the milestone of $30 billion in net crypto assets under management (AUM). The company says the tremendous growth is due to institutional investors, particularly ... ( read original story ...)
SoftBank’s Vision Fund To Launch 2 More SPACs, For Total IPO Raise Of $550 Million
SoftBank Group Corp (OTC: SFTBY) is planning to launch two more SPACs. What Happened: The two SPACs aim to raise a total of $550 million in their IPOs, Reuters reported, citing regulatory filings. SVF ... ( read original story ...)
Crypto Ban In Nigeria – What Exactly Do You Think The Government Is Trying To Do Or Stop?
When the entire World is moving towards a progressive direction, it’s so sad that Nigeria’s government thinks banning Crypto is the way to go. A misplaced priority if you ask me. However, I know the ... ( read original story ...)
Our country’s DNA for irony is uncanny – Ezekwesili slams CBN over Crypto Ban
Oby Ezekwesili, former Minister of Education has slammed the Central Bank of Nigeria for placing a ban on cryptocurrency trading. ( read original story ...)
Bitcoin Rally Takes Crypto Market Value to Another Record
Bitcoin climbed toward $40,000 in a rally that helped the market value of digital tokens scale a new peak. The largest cryptocurrency rose as much as 5.6% to $39,959 on Saturday, taking it closer to ... ( read original story ...)
These are the top 10 US states where Dogecoin’s popularity shot up after a group of Redditors decided to make it the crypto equivalent of GameStop
Tracking over a million tweets using trends software, an interest-map was created based on geotagged Twitter data in the last week. ( read original story ...)
SMBC Launches Sustainability-Linked Loan for Overseas Japanese Customers
Sumitomo Mitsui Banking Corporation (“SMBC”) (President and Group CEO: Makoto Takashima) announced today the launch of Sustainability-Linked Loan ... ( read original story ...)
SPAC HH&L Acquisition prices upsized $360 million IPO, targeting healthcare in Asia
H H&L Acquisition, a blank check company targeting the healthcare sector in Asia, raised $360 million by offering 36 million units at $10. The company offered 6 million more units than anticipated. ( read original story ...)
Crypto exchange Bitfinex says it repaid $550 million Tether loan central to fraud probe
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Cryptocurrency exchange Bifinex said Friday it repaid a half billion ... ( read original story ...)
FirstFT: Today’s top stories
Japan has extended its state of emergency from the Tokyo area to another seven prefectures covering the cities of Osaka, Kyoto ... range in further sign of hot IPO market Affirm, the consumer ... ( read original story ...)
Competition Currents February 2021: China and Japan
China’s central bank, issued the draft Regulations on Non-bank Payment Institutions for public comment (Draft Regulations). Th ... ( read original story ...)
What’s shifting the interest in Bitcoin, according to a crypto expert
Meltem Demirors, Coinshares chief strategy officer, joins 'Power Lunch' to discuss the cryptocurrency interest in 2021 and growing regulation around the currency. ( read original story ...)
Blockchain Bites: The Weird and Wonderful in Crypto This Week
It follows several other digital asset companies that have received bank charters, including crypto exchange Kraken and Avanti, which both received state charters in Wyoming. Meanwhile, crypto ... ( read original story ...)
BOJ tops pension whale as Japan’s largest stockholder
The Bank of Japan has surpassed the country's Government Pension Investment Fund as the largest holder of Japanese equities for the first time. Japan's central bank held about 46.56 trillion yen ($442 ... ( read original story ...)
Bitcoin jumps above $38,000 as crypto momentum flirts with key resistance level
The cryptocurrency has steadily trended higher after peaking near $42,000 last month. Technical indicators suggest its current rally has room to run. ( read original story ...)