# Multi-billion dollar investment trust backs Kraken ahead of possible listing

# Multi-billion dollar investment trust backs Kraken ahead of possible listing

“# Multi-billion dollar investment trust backs Kraken ahead of possible listing ” The $5.3 billion dollar investment trust RIT Capital Partners has acquired a stake in leading crypto exchange Kraken. The London based-trust, formerly named Rothschild Investment Trust, holds ties to the Rothschild banking family of England through Chairman Jacob Rothschild. In an April 12…

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#UFC owner Endeavor prices IPO at  billion valuation

#UFC owner Endeavor prices IPO at $10 billion valuation

“#UFC owner Endeavor prices IPO at $10 billion valuation” Ari Emanuel’s entertainment giant Endeavor said Tuesday that it is hoping to raise $511.2 million in an initial public offering that will value the Beverly Hills, Calif.-based company at more than $10 billion. Endeavor, which owns just over half of the Ultimate Fighting Championship, as well…

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# Coinbase stock looks to find its footing at 0 following explosive open

# Coinbase stock looks to find its footing at $350 following explosive open

“# Coinbase stock looks to find its footing at $350 following explosive open ” Shares of digital currency exchange Coinbase (COIN) opened at $381 Wednesday — significantly higher than its pre-listing reference price of $250 — underscoring heightened institutional demand for the crypto-focused stock.  The $381 value put Coinbase’s market capitalization at $99.6 billion on a fully…

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#Coinbase stock surges, gives crypto exchange 0B valuation

#Coinbase stock surges, gives crypto exchange $100B valuation

“#Coinbase stock surges, gives crypto exchange $100B valuation” Coinbase’s market value rocketed to nearly $100 billion Wednesday as the cryptocurrency exchange’s stock price soared in its landmark trading debut. Coinbase shares hit the Nasdaq exchange at $381 apiece, notching a 52-percent gain from the $250 reference price that was set for the crypto giant’s direct…

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#Coinbase gets 0 reference price ahead of market debut

#Coinbase gets $250 reference price ahead of market debut

“#Coinbase gets $250 reference price ahead of market debut” Coinbase snagged a reference price of $250 a share ahead of its watershed stock-market debut on Wednesday. The price set by the Nasdaq stock exchange would give the major cryptocurrency exchange a valuation of about $65 billion, according to reports — roughly eight times the $8…

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