BlackRock eyes 10% stake in Circle's IPO

BlackRock eyes 10% stake in Circle's IPO

Asset managers BlackRock and ARK Invest have indicated interest in acquiring over $150 million in Circle’s shares BlackRock is reportedly planning to take a significant stake in Circle’s upcoming initial public offering (IPO). According to a May 28 Bloomberg report citing anonymous sources, BlackRock is looking to purchase roughly 10% of the offering. Circle, the…

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Pompliano-led crypto-focused SPAC gains 7% on Nasdaq after upsized IPO

Pompliano-led crypto-focused SPAC gains 7% on Nasdaq after upsized IPO

Anthony Pompliano’s fintech-focused SPAC, ProCap Acquisition Corp, rose 7% on its Nasdaq debut after bumping its IPO to $220 million a day before listing. Crypto influencer Anthony Pompliano’s fintech-focused blank-check company, ProCap Acquisition Corp (PCAPU), rose 7% on its debut Nasdaq listing after a last-minute upsizing of its initial public offering. ProCap had boosted its…

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