Ledger, a French company that makes hardware designed to securely store cryptocurrency, has paused its plans for a U.S. initial public offering (IPO) due to an unfavorable market for crypto IPOs, CoinDesk reported Wednesday (May 13), citing unnamed sources. The company had considered a $4 billion U.S. listing and...
Brazilian payments firm Elo is reportedly working on an initial public offering (IPO). The company has tapped banking partners as it prepares to list in the U.S. in the second half of the year, Bloomberg News reported Monday (May 11), citing sources familiar with the matter. Bloomberg notes that...
Uber-backed eMobility company Lime is planning to go public. Lime parent Neutron Holdings filed paperwork with the Securities and Exchange Commission (SEC) Friday (May 8) for its initial public offering (IPO). Sources told the Financial Times (FT) that Lime is hoping to list at a...
OPay Digital Services, a payments platform focused on Nigeria and backed by SoftBank Vision Fund and Sequoia Capital, is preparing for an initial public offering (IPO) in the United States, Bloomberg reported Friday (May 1), citing unnamed sources. The company is seeking a valuation of $4 billion, which would double...
Kraken Co-CEO Arjun Sethi said Tuesday (April 14) that the crypto exchange confidentially filed for an initial public offering (IPO), Semafor reported Tuesday. Sethi shared this news at a Semafor World Economy event in Washington, D.C., according to the report. Kraken aims to help its customers make sophisticated trades that would otherwise...
Alternative asset manager Blackstone is considering a $2 billion initial public offering (IPO) for an acquisition company that would buy data centers, Bloomberg reported Friday (April 10), citing unnamed sources. Blackstone filed paperwork confidentially with U.S. regulators earlier this year and could begin formal marketing...
OpenAI’s top leaders are reportedly at odds over the timing of a possible initial public offering. According to a report Sunday (April 5) by The Information, CEO Sam Altman has said he wants the IPO to happen as soon as the fourth quarter, even though...
Some of the country’s biggest banks are helping Elon Musk’s SpaceX go public. But as The New York Times (NYT) reported Friday (April 3), access to the company’s long-awaited initial public offering (IPO) comes with a specific demand: Banks, lawyers and other advisers must subscribe...
Plaid’s chief financial officer says the financial data network is not racing to go public. Preparations for the initial public offering (IPO) are ongoing, but Seun Sodipo told The Wall Street Journal (WSJ) in an interview posted Monday (March 30) that she is concentrating on growth, following a year...