Web3 IPOs remain hot with Gemini’s '20X oversubscribed,' Figure debut jumping 24%

Web3 IPOs remain hot with Gemini’s '20X oversubscribed,' Figure debut jumping 24%

The crypto exchange capped proceeds at $425 million after reportedly halting new orders, with Nasdaq among its investors. Gemini’s upcoming initial public offering (IPO), expected Friday, has reportedly been oversubscribed more than 20 times, as crypto and blockchain companies continue to attract investor attention. According to Reuters on Thursday, citing people familiar with the matter,…

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Figure Technology seeks B valuation in public listing as crypto IPO wave builds

Figure Technology seeks $4B valuation in public listing as crypto IPO wave builds

Figure eyes a $526 million IPO, joining Circle, Bullish and Gemini in the growing wave of blockchain companies going public. Blockchain-focused lender Figure Technology Solutions is aiming to raise $526 million in its initial public offering (IPO), underscoring the growing trend of crypto and blockchain firms pursuing public listings amid the bull market. According to…

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Firefly Aerospace files for an IPO

Firefly Aerospace files for an IPO

Firefly Aerospace is taking its orbital ambitions to the public markets. The company, which notched a string of successes this year, including a historic commercial moon landing, submitted its formal declaration to regulators Friday detailing its plans to IPO sometime this year.  The S-1 document submitted to the U.S. Securities and Exchange Commission provides a…

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Cathie Wood's ARK dumps 6M in Circle amid share surge

Cathie Wood's ARK dumps $146M in Circle amid share surge

Despite the massive sale, ARK remains the eighth largest Circle holder. Cathie Wood’s ARK Invest has increased its Circle selling spree as CRCL stock surged nearly 250% since its public debut. ARK dumped another 609,175 Circle shares from its three funds for $146.2 million on Friday, according to a trade notification seen by Cointelegraph. The…

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