IPO

The Ripple IPO, speculated to reach a valuation of $600 per share, holds promise for propelling XRP to new heights. Linda Jones projected Ripple’s shares to soar to $600 post-IPO, translating to a 1,242% increase in valuation, potentially influencing XRP’s price upwards of $6.0. As the Ripple vs SEC case reportedly turns toward its conclusion, everyone is now paying attention to the Ripple IPO likely to arrive by the end of this year. If Ripple were to undergo an IPO…

Toncoin’s value surged by 7.31% in 24 hours, nearing Dogecoin’s market cap of $27.6 billion. Telegram IPO rumors and the Notcoin game boosted Toncoin’s popularity. Toncoin, the cryptocurrency initially developed by Telegram and subsequently handed over to the open-source community, has surged in value, nearing Dogecoin’s market capitalization, a well-known meme coin. In the last 24 hours, Toncoin has experienced a notable surge, witnessing a 7.71% increase in value. This surge has propelled its market capitalization to a substantial $25…

Toncoin (TON) has bagged an ATH as it displaced Cardano to become the 9th biggest coin. The project has a close correlation with Telegram despite their independent operations. Toncoin (TON), the native cryptocurrency of The Open Network has seen its price break through a record high following rumors that Telegram could soon go public. The Resilient Toncoin Journey According to a prior report by Crypto News Flash, Toncoin flipped Cardano’s ADA to become the ninth-largest cryptocurrency by market capitalization. The…

Reddit made another step towards going public. The social media giant announced filing a confidential draft statement for a planned IPO this Wednesday. The company filed a draft registration statement with the U.S. Securities and Exchange Commission (SEC). The registration statement uses SEC Form S-1. Public companies in the US use the form to register new securities. The SEC requires this form and doesn't allow stock listing on the national exchange without it. Usually, companies submit the S-1 Form before their initial…

In a Jan 28 blog, Coinbase unveiled plans to become a publicly-traded company in 2021 via a direct listing of its shares. The popular exchange stated that it would pursue a direct listing of its Class A common stock. The announcement comes as a follow-up to the leading exchange's earlier move to seek regulatory approval for a public listing. In Dec of last year, Coinbase confidentially filed a draft registration statement on Form S-1 with the SEC, laying down its…

The Canadian asset management firm, Ninepoint Partners, has recently raised a total of $180 million from investors in an Initial Public Offering (IPO) for its Bitcoin Trust Fund. In an official press release published Wednesday, the firm revealed that it had received regulatory approval earlier this month and has officially listed its shares for the Fund on the Toronto Stock Exchange. More Exposure The Fund was created to help investors gain exposure to the world of cryptocurrencies, bitcoin precisely, without…

Whenever anyone talks about ICO financing, every crypto enthusiast recalls Ethereum's launch in 2014 as an ICO project. Ethereum has seen great success since its launch and has been able to compete with crypto giant Bitcoin. ICOs primarily deal with the introduction of new cryptocurrencies into the market. The main advantage of ICO to investors is liquidity and decentralization. Unlike other opportunities that bound capital for several years, ICO's capital is accessible from the time of holding. ICOs are also decentralized…