# 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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# 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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