By Emir Abyazov Key highlights: Tether’s funding round could value the company at $500 billion Huge stablecoin profits put Tether far ahead of competitor Circle A 5% stake once worth $600M may now reach $25B in value Huge profits from stablecoins Tether, the world’s largest stablecoin issuer, is preparing for a funding round that […]
Tag: IPO
By Vuk Martin American Bitcoin (ABTC) just hit Nasdaq, and it made a lot of noise. On its first day, the stock shot up more than 100% before cooling off. At one point, the Trump brothers’ stake was worth over $2.5 billion. This isn’t some quiet side project. Eric Trump and Donald Trump Jr. built […]
By Marco Piccolo Key highlights: Gemini lifts IPO price range to $24-$26 per share, targeting a valuation over $3 billion. Nasdaq to invest $50 million in Gemini through a private placement. IPO is significantly oversubscribed; trading on Nasdaq under “GEMI” expected to begin Friday. Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has […]