Coinbase’s Existing $8B Valuation Means It Doesn’t Need an IPO, Lawyer Says
An IPO would do little to boost Coinbase's following or $8 billion valuation, said a lawyer that specializes in getting startups to a public offering.
Diginex CEO Richard Byworth said the firm’s public listing will give it more transparency than other crypto exchange operators.
While it's unclear how much Ribbit Leap will focus on crypto or blockchain acquisitions, it comes at a time of renewed exuberance in the sector.
The INX IPO is the first of its kind and gives observers and issuers a ground-level view of what’s going on through the Etherscan block explorer.
INX Ltd. said it will launch its long-awaited landmark IPO as soon as Monday, capping a nearly two-year journey for the startup cryptocurrency and security token exchange.
Crypto exchange INX has told the SEC its upcoming IPO will be underwritten by a relatively low-profile Israeli company called A-Labs.
Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan Creative to build a new crypto miner.