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...
Health ring maker Oura has reportedly begun interviewing bankers to help it go public. The company’s initial public offering (IPO) could happen as soon as this year, The Information reported Tuesday (March 24), citing a source with direct knowledge of discussions. The report notes that an IPO would follow...
Indian digital payments provider PhonePe has paused its plans to go public. The Walmart-backed company cited geopolitical conflicts and market upheaval as reasons for delaying its initial public offering (IPO), according to a statement from the FinTech provided to PYMNTS Monday (March 16). “We sincerely...
Flipkart, one of India’s biggest eCommerce platforms, is preparing for a potential initial public offering (IPO) in Mumbai that could take place this year or early next year, Bloomberg reported Wednesday (March 11), citing unnamed sources. The Walmart-backed firm could start the formal process of...
Japanese digital wallet provider PayPay announced late Wednesday (March 11) that it is pricing its U.S. initial public offering at $16 per share. The shares are expected to begin trading on Nasdaq on Thursday (March 12), under the symbol “PAYP,” the company said in a press...