#’ billion’ Robinhood app tries to vault SEC hurdles

#’$40 billion’ Robinhood app tries to vault SEC hurdles

“#’$40 billion’ Robinhood app tries to vault SEC hurdles” It’s a lot of money for a stock-trading app that’s supposedly free. Robinhood is slated to launch an initial public offering before summer’s end that could value the Silicon Valley-based company at $40 billion or more, people close to the underwriting group say. That would make…

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# Swedish crypto broker’s IPO oversubscribed by 1,200%

# Swedish crypto broker’s IPO oversubscribed by 1,200%

“# Swedish crypto broker’s IPO oversubscribed by 1,200% ” Safello, a Stockholm-based cryptocurrency brokerage, is seeing massive demand from investors for its upcoming initial public offering on the Nasdaq First North Growth Market. The company said Wednesday that its planned IPO was oversubscribed by 502 million Swedish krona ($59.3 million), up 1,240% from the planned…

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