Prediction markets are no longer sitting at the edge of the financial conversation. Kalshi has reportedly held early discussions with investment banks about a future initial public offering, according to a report on the company’s fundraising and revenue trajectory. The talks are described as informal, and the same reporting suggests any listing would still be…
Tag: IPO
SEC Proposes Capital Offering Reforms To Support Smaller Corporate Issuers
The Securities and Exchange Commission has proposed reforms to public securities offerings, aiming to simplify capital raising rules and expand exemptions for smaller corporate issuers. TL;DR The proposal would simplify registration requirements for certain offerings. It would expand exemptions for smaller companies seeking to raise capital. The stated goal is to lower capital formation costs…
Bitcoin Price Plunges To $59K, Sparking Fears Of Deeper Decline
Capital rotation into artificial intelligence may have played a bigger role in Bitcoin’s latest selloff than most market watchers initially assumed. Michael Saylor, whose company Strategy recently sold a portion of its Bitcoin holdings, pushed back on criticism and pointed instead to an unprecedented flow of money into AI infrastructure as a key factor behind…
Bitcoin Acting Like An ICO—What This Could Mean
According to macro analyst Jordi Visser, dormant bitcoin is moving again and new buyers are stepping in. Visser spoke on Anthony Pompliano’s podcast and wrote about the trend on Substack, saying old holders are slowly selling while fresh investors pick up coins on dips. He compared what’s happening to an IPO (initial public offering), where…
Ripple Enters Agreement With Gemini Ahead Of IPO — Here’s What We Know
Crypto firm has entered into a credit agreement with crypto exchange Gemini ahead of the latter’s initial public offering (IPO). The crypto exchange revealed the details of this agreement in its IPO filing, with the amount expected to be used to finance some costs that may arise during the public offering. Details Of Ripple’s Agreement…
Deaton Says Ripple IPO Could Trigger $100B Valuation, How High Will The XRP Price Be?
The possibilities of a Ripple Initial Public Offering (IPO) have become higher as time goes on and the company moves toward a complete resolution of its SEC lawsuit. With expectations of the IPO rising, possible valuations have started to fly around as the company is one of the largest cryptocurrency companies. Most notably, pro-XRP lawyer…