# Binance-backed Indonesian crypto exchange considers IPO

# Binance-backed Indonesian crypto exchange considers IPO

“# Binance-backed Indonesian crypto exchange considers IPO ” Jakarta-based crypto exchange Tokocrypto is considering a public market debut over the next two or three years, Nikkei reports Wednesday. “I’m saying two years because we need to be profitable for at least more than two years before listing. We are already profitable now. Our key focus…

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#Oatly headed for IPO valuing it over  billion

#Oatly headed for IPO valuing it over $10 billion

“#Oatly headed for IPO valuing it over $10 billion” Shares of Swedish oat milk brand Oatly soared nearly 30 percent during the company’s public market debut Thursday. The stock began trading around 11:45 a.m. ET at $22.12, about 30 percent above the IPO price, giving the company a valuation of $13.1 billion. The Malmo, Sweden-based…

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#’ 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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