Crypto custody company BitGo has raised $212.8 million in its initial public offering. The IPO, the first by a digital asset firm this year, values BitGo at $2.08 billion, Reuters reported Thursday (Jan. 22). That’s higher than the $1.96 billion the company said it was...
Stripe has no immediate plans to go public, co-founder John Collison told Bloomberg News Tuesday (Jan. 20) in an interview at the World Economic Forum in Davos, Switzerland. “We’re still not in any rush,” he said, per the report. “It’s very early for us where,...
Insurance platform Ethos Technologies hopes to raise $211 million from its initial public offering. The company and some of its shareholders aim to sell 10.5 million shares at a price between $18 and $20 apiece, according to a Tuesday (Jan. 20) securities filing. The filing...
Brazilian digital bank PicPay is targeting a $2.46 billion valuation when it goes public in the United States. The company aims to raise up to $434.3 million in its initial public offering (IPO) by providing nearly 22.9 million shares priced at $16 to $19 each,...
PhonePe, India’s largest digital payments company, is reportedly closer to going public. The Walmart-backed firm’s initial public offering (IPO) has gotten the approval of regulators, Reuters reported Tuesday (Jan. 20), citing sources familiar with the matter. These sources said that Walmart, Microsoft and Tiger Global...
The digital asset space first wanted to replace the financial system. Now, the blockchain ecosystem is lowering its gaze from that sky-high goal and seeking instead merely to eliminate legacy inefficiencies in payments and capital markets. And that goal got a shot in the arm...
The New York Stock Exchange is reportedly creating a venue for round-the-clock tokenized stock trading. The exchange (NYSE) plans to combine its technology that matches sellers and buyers with private blockchain networks, to allow for the trading of tokenized securities in real-time, Bloomberg News reported...
ClickHouse, a provider of data infrastructure for artificial intelligence systems, raised $400 million in a Series D funding round. The company will use the new capital to expand its offerings in real-time data analytics, data warehousing, observability, and AI and machine learning, it said in...
JPMorgan Chase is reportedly forming a new team that will help companies raise private capital. The Private Capital Advisory and Solutions team will connect investors with companies that are looking for private capital; advise clients on raising early stage equity, preferred stock and convertible bonds; and work on...