Tag: IPO
Bitcoin Miner Canaan’s Shares Valued at $8.04 After Surging 80%
News
After steadily depreciating well into the last quarter of 2019, Canaan certainly rebounded slightly today. The company was the first example of a large Bitcoin miner to go public on Nasdaq. However, after its initial public offering (IPO) on Nov 21, Canaan stock price values dropped nearly 40..
Crypto Goes IPO — Ripple Could Lead the Blockchain Industry’s Charge
Analysis
2020 could be the year that crypto companies step forward and take the plunge into going public. As the biggest players in the industry cautiously watch for opportunities to gain regulatory approval, Ripple CEO Brad Garlinghouse used the prestigious Davos World Economic Forum summit to an..
Ripple CEO Hints at IPO, Says More Crypto Firms Will Go Public in 2020
News
Ripple CEO Brad Garlinghouse predicts that initial public offerings (IPOs) will become more prevalent in the cryptocurrency and blockchain space in 2020.
Speaking at the World Economic Forum in Davos yesterday, Jan. 23, Garlinghouse reportedly hinted that Ripple would itself be one of those f..
Bitcoin Miner Canaan’s Shares Plunge 40% Since IPO in November
News
Chinese Bitcoin (BTC) mining giant Canaan Creative’s depositary shares have seen a 40 percent drop in value since November initial public offering (IPO).
Canaan was the first Bitcoin mining giant to go public on a major United States stock exchange, and successfully navigate an IPO. However, ..
Fintech Arm of Chinese Insurance Giant Shoots for $500M IPO in US
News
OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, has updated its filing for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC).
According to an F-1 filing dated Dec. 2, the firm is looking to sell $500 million wo..
Security Token Offerings: The Next Big Thing in Fintech
Use Case
For businesses about to embark on periods of rapid growth, access to capital is essential. That said, traditional methods of fundraising sometimes leave a lot to be desired. Initial public offerings can help boost the profile of fledgling brands, but they are often costly — with middlemen..
Crypto IPO Season: Race to Secure an Offering Heats Up
Analysis
The buildup to the 2017 peak in cryptocurrency prices intoxicated business owners and investors around the world. The momentum was so great that new businesses popped up every second of the day, all hoping to cash in on the first great crypto gold rush.
As 2018 rolled round, the long cryp..
Softbank-Backed Blockchain Firm OneConnect Eyes $100M Nasdaq IPO
News
Softbank-backed Chinese fintech OneConnect has filed for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC).
As Bloomberg reported on Nov. 13, OneConnect is the blockchain- and AI-focused fintech arm of Chinese insurance giant Ping An.
Seeks $100 ..
Canaan Creative Sets Terms, Plans to Rake in $100 Million in Upcoming US IPO
News
Chinese cryptocurrency mining giant Canaan Creative has announced terms for its United States initial public offering (IPO) planned for later this month.
On Nov. 13, Renaissance Capital reported that Bitcoin (BTC) mining giant Canaan Creative announced its plans to raise $100 million by offer..
Bitcoin Miner Canaan Creative’s 2019 Revenue Nears $100M Ahead of IPO
News
Bitcoin (BTC) mining giant Canaan Creative has seen almost $100 million in revenue this year but remains over $30 million in the red.
According to an amendment form submitted on Nov. 5 as part of its registration to conduct an initial public offering (IPO) in the United States, Canaan reveal..
