India’s largest cryptocurrency exchange, CoinDCX, has no immediate plans for a public listing as the regulatory environment in the country remains uncertain. CoinDCX has no definitive route or clause as to when to go ahead with a potential initial public offering (IPO), the firm told Cointelegraph in an official statement on Nov. 29. “Any growing company aspires to take an IPO route in due course. We at CoinDCX also have similar aspirations. We would like to reiterate that there is no immediate plan in the foreseeable future to announce an IPO,” a spokesperson said. The latest announcement adds to the …

Prime Blockchain, also known as PrimeBlock, is reportedly preparing for a public offering in the United States through a special-purpose acquisition company, or SPAC. In a Thursday report, Bloomberg said Bitcoin (BTC) mining firm PrimeBlock is currently discussing going public in the U.S. through a merger with 10X Capital Venture Acquisition Corp II. Though the terms of the deal are reportedly not yet finalized, the merger could result in a valuation of the two firms at roughly $1.5 billion following a $150 million fundraising round from the venture capital firm. A crypto mining company based in the United States, PrimeBlock …

Galaxy Digital Holdings, Mike Novogratz’s cryptocurrency investment management firm, is not going public in the United States in late 2021 as the firm previously planned. Galaxy Digital has postponed plans for a U.S. listing, now expecting to go public in the first quarter of 2022, the company’s founder and CEO Novogratz announced Monday. “We look forward to our U.S. listing and the close of our BitGo acquisition, which we now expect will occur in the first quarter of 2022,” he said. The U.S. The Securities and Exchange Commission is yet to approve Galaxy Digital’s potential listing on an American exchange, …

Bitfury, one of the world’s largest companies in the blockchain industry, is mulling a potential initial public offering, or IPO, as part of the company’s global growth plans, the company’s CEO confirmed to Cointelegraph. “As Bitfury and its portfolio of companies continue their global expansion in the digital assets space, Bitfury will be considering an IPO as part of its broader expansion and growth plans,” Bitfury co-founder and CEO Valery Vavilov said. According to the executive, Bitfury has not yet determined when and on what exchange the company is willing to proceed with an IPO. The company’s last funding round …

United States Bitcoin mining company Stronghold Digital Mining will list almost six million shares in an initial public offering (IPO) on the Nasdaq. Stronghold plans to list 5,882,352 Class A common stock shares priced between $16 and $18 under the ticker “SDIG.” Taking the average proposed offering price puts the IPO at around $100 million. The Kennerdell, Pennsylvania-based firm first filed with the Securities and Exchange Commission for a Nasdaq IPO in July. It will fund an almost 900% expansion in capacity in the coming year. The final prospectus has already been filed with the SEC, but it has yet …

The United States Securities and Exchange Commission has charged three of Chinese billionaire Guo Wengui’s companies over an initial coin offering (ICO) and initial public offering (IPO) that fetched around $487 million combined. The infamous Guo, also known as Miles Kwok or Miles Guo, is an exiled Chinese businessman who currently resides in New York. Wengui is known for his controversial political takes and his ties to Donald Trump confidant Steve Bannon. The SEC submitted a cease and desist order on Monday, with the documents showing that Guo’s companies have agreed to pay a settlement with the SEC within 14 …

Binance’s affiliate United States-based cryptocurrency exchange, Binance.US, is targeting an initial public offering (IPO) in 2024, according to Binance CEO and founder Changpeng Zhao. Binance.US is planning to close a large private funding round in the next two months that would allow the firm to become more independent from the global exchange, Zhao said on Wednesday in an interview with tech publication The Information. Zhao is confident that the global crypto exchange will survive the ongoing regulatory crackdown by global regulators, and that Binance.US will move toward a public listing in three years. “Binance.US is just going to do what …

Macrina Kgil, chief financial officer of crypto wallet provider and exchange Blockchain.com, said an initial public offering for the platform could happen as early as 2023. In a Forbes interview released on Monday, Kgil said Blockchain.com could consider an initial public offering in 18 months or more. The company had a $5.2 billion valuation following a $300 million funding round in March and a $120 million round in February. At the time of the former, CEO Peter Smith said the company was “carefully considering its public-market options.” Major cryptocurrency exchange Coinbase did not officially go public on the Nasdaq until …

Vienna-based cryptocurrency broker Bitpanda has closed its third major private financing round led by Peter Thiel’s Valar Ventures. Raising $263 million and drawing in new investments from British billionaire hedge fund manager Alan Howard and REDO Ventures, the company is now valued at $4.1 billion. That’s three times its last valuation of $1.2 billion for its $170-million raise in March of this year. Bitpanda has now raised close to $500 million through various private financing rounds, counting three-time backer Valar Ventures alongside repeat investors that include LeadBlock Partners and Jump Capital. Since 2014, the company’s offerings have centered on cryptocurrency …

Shares of cryptocurrency-friendly trading app Robinhood dropped more than 8% in its public Nasdaq debut on Thursday, marking one of the worst initial public offering (IPO) debuts of its size. Robinhood’s HOOD stock tumbled 8.4% below the IPO price in the company’s first trading session on Thursday, dropping from $38 to $34.82. The company went public on Nasdaq at a $32 billion valuation to see its market capitalization fall to $29 billion after the HOOD stock ended the session below $35. According to data compiled by Bloomberg, the company’s first trading day marked the worst debut on record among 51 …

2021 has been a rollercoaster year for the crypto industry, with Bitcoin (BTC) scaling up to an all-time high of $65,000 earlier this year in April, only to dip down to the sub $30,000 zone just months later. However, a moment that is widely considered by many to be a tipping point for the industry — at least in terms of mainstream legitimization — was when Coinbase (COIN) made its debut on Nasdaq via a direct listing. Leading up to April 14, the day of the aforementioned listing, COIN’s reference price was set at $250. However, it is worth recalling …

Pennsylvania-based Bitcoin mining firm Stronghold Digital Mining has filed for a $100-million initial public offering with the United States Securities and Exchange Commission. The firm filed its S-1 form on Tuesday, and if given the green light by the SEC, Stronghold intends to list its Class A common stock on the Nasdaq Global Market under the “SDIG” ticker. Stronghold is a sustainably focused and vertically integrated Bitcoin mining company that was founded in 2021. In June, Cointelegraph reported that the firm completed two private equity securities raises worth $105 million. According to the new filing, Stronghold will use the funds …