Although the underlying technologies are a clever solution for the problem of how to execute transactions without a trusted authority, crypto assets currently do not offer wide
Rakuten Bank’s Japan IPO seen delivering up to $2.5bn valuation
TOKYO -- Japan's Rakuten Bank will make an initial public offering on the Tokyo Stock Exchange on April 21, in a sale expected to give it a market capitalization of up to 333.2 billion yen ($2.52 ...
Japan’s Nikkei ends higher on eased fears over U.S. financial crisis
Japan's Nikkei stock index closed higher Wednesday as financial stocks rallied on eased concerns over the U.S. banking crisis, although jitters remained ahead of the outcome of the U.S. Federal ...
Crypto Is Mostly Over. Its Carbon Emissions Are Not.
After the FTX bankruptcy and broader crypto crash last year, basically all of the celebrities who were promoting crypto have gone silent. “MiamiCoin,” hyped by Miami Mayor Francis Suarez as a new ...
Unregulated crypto ATMs give criminals a loophole to prey on unsuspecting victims
The country has approximately 32,000 crypto ATMs and kiosks that appear like traditional ATMs but instead convert cash into digital cryptocurrency.
DCG-owned crypto exchange Luno replaces CEO, seeks outside investment after layoffs
Marcus Swanepoel, the CEO of crypto exchange Luno, is now executive chairman. He'll focus on helping Luno seek funding from investors other than DCG.
Japan stocks climb almost 2%, leading gains in Asia ahead of Fed’s key rate decision
Asia-Pacific markets are set to rise on Wednesday as investors looked ahead to the U.S. Federal Reserve's latest update on its rate hike decision as the central bank will have to balance fighting ...
Rakuten Bank Seeks $881 Million in Biggest Japan IPO Since 2018
An initial public offering by Rakuten Bank Ltd. is set to fetch the company and its parent as much as 116.6 billion yen ($881 million), putting it on track to be Japan’s biggest listing in more than ...
Japan’s Rakuten plans to list banking unit in US$800 million IPO
TOKYO: Japan's Rakuten Group Inc said it was planning an initial public offering (IPO) of its banking arm next month, in a probable US$807 million listing that would test demand for the e-commerce ...
‘Inundated with requests’: Digital currency firms look to Swiss banks after crypto-friendly lenders fail
Crypto firms are scrambling to find institutions to bank with after the collapse of Signature Bank and Silvergate Capital.
Global Surfaces IPO: GMP, share allotment, listing date details
Global Surfaces Ltd's Initial Public Offering (IPO) was subscribed 12.21 times on the final day of the offer on Wednesday. The offer received bids for 9.46 crore equity shares against 77.49 lakh ...
It’s Bad Timing as Japan Hosts World’s First Bank IPO This Year
The listing of a Japanese online lender on March 29 will be an acid test of investor appetite for bank shares, just as turmoil in the global financial system sways markets. While concerns over the ...
Japan’s Nikkei jumps nearly 2% as bank fears ease; Rakuten surges
Japan's financial stocks joined a global rally on Wednesday to help lift the Nikkei share average by 1.9%, its biggest gain in two months, even as investors braced for a crucial U.S. Federal Reserve ...
Asia markets set to rise as investors await Fed’s key rate hike decision
Asia-Pacific markets are set to rise on Wednesday as investors looked ahead to the U.S. Federal Reserve's latest update on its rate hike decision as the central bank will have to balance fighting ...
Japan’s Suzuki: Important for forex to move stably reflecting fundamentals
Celsius was among the key players back in 2022, which marked the beginning of the first crypto market contagion in Q2. Since then, the creditors of the platform have been attempting to regain their ...
Japan economy minister Goto: 2tln Yen of reserves to fund price, covid measures
Japan Economy Minister Shigeyuki Goto crossed the wires and said that they have compiled various price measures and will deploy 2tln Yen of reserves to fund these price and covid measures. More to ...