🇯🇵 Coincheck on Nasdaq: crypto exchanges are taking over Wall Street! 💹✨

The Japanese cryptocurrency exchange Coincheck has become the second in the world to go public on Nasdaq, following Coinbase! 🚀 The company is valued at $1.25 billion, and this is not just a number — it's a new phase for the crypto industry. 🌍💰

Success Story

Back in 2022, Coincheck began the IPO process through SPAC. However, strict regulatory requirements delayed this step. And now, despite all the challenges, they did it! 🙌🔥

2025: The Year of Crypto IPOs?

Analysts predict that 2025 will be the year of major cryptocurrency IPOs. 🎯 We expect listings from giants like:

Kraken 🐙

Circle 🔵

Ripple 🌊

This list could completely reshape the market and strengthen the position of crypto in traditional finance. 📊

What does this mean for us?

Cryptocurrencies are moving from the shadows to the center of the global economy. 💎📈 Investors, exchanges, companies — everyone is preparing for an era of mass legalization of crypto projects.

What do you think, is this the beginning of a new era or just a temporary trend? Share your thoughts in the comments! 👇💬

#Crypto #IPO #Coincheck #Nasdaq #CryptoFuture

The worst IPO of the year took place in London, with shares of British fintech payment processing company CAB Payments Holdings plummeting 75%. #ipo

USDC stablecoin issuer Circle Internet Financial has filed for an initial public offering (IPO) in the United States.

However, details of this IPO, such as the number of shares being sold and the price range, were not disclosed. The Company expects the IPO to occur after completion of the SEC review process, subject to market conditions.

The company previously announced plans to go public through a merger, which was later cancelled. The report indicates that Circle is in talks with its advisers regarding a potential IPO, and a company spokesperson has previously said that going public in the US is part of its strategy.

Circle is known as the issuer of USD Coin (USDC), one of the largest stablecoins in the world with a market capitalization of $25 billion. #usd #usdt #ipo #usa

Circle Internet Financial, the company behind stablecoin USDC, said on Thursday that it had confidentially filed for a U.S. initial public offering as part of plans to become a publicly-traded company.

LONDON/WASHINGTON, Jan 11 (Reuters) - Circle Internet Financial, the company behind stablecoin USDC, said on Thursday that it had confidentially filed for a U.S. initial public offering as part of plans to become a publicly-traded company.

Circle did not disclose the number of shares it plans to sell or the proposed price range for its new IPO filing.

Based in Boston, Circle controls the issuance and governance of USDC, a cryptocurrency pegged to the U.S. dollar.

The IPO is expected to take place after the Securities and Exchange Commission completes its review process, subject to market and other conditions, the company said.

The company had previously said it was valued at $9 billion, in a 2022 deal to go public via a special-purpose acquisition company. It ended that deal in December 2022. Circle CEO Jeremy Allaire said at the time that he was disappointed that the proposed transaction "timed out," but that the company still intended to go public.

USDC is the second-biggest stablecoin, after Tether, and the seventh-biggest cryptocurrency overall, according to crypto market tracker CoinGecko. The tokens are backed by cash and cash equivalents, including short-term Treasury bonds.

There are around $25 billion worth of USDC tokens in circulation, down from a peak above $56 billion in mid-2022, according to CoinGecko.

After a period of rapid growth, the crypto industry slumped in 2022 and token prices dropped as investors grew more cautious and various high-profile crypto firms collapsed, including crypto exchange FTX.

Circle announced layoffs in July 2023 and said it had ended investments in non-core business areas.

$USDC #circle #usdc #ipo

🪙 Crypto and Blockchain News (December 6, 2023):

1️⃣ Bloomberg: Last month, the largest fiat cryptocurrency trading pair was the Korean won, which overtook the U.S. #dollar for the first time. 💹

2️⃣ Bloomberg: Shares of the Abu Dhabi-based (UAE) mining firm and colocation services provider, Phoenix Group, opened at 2.25 AED on the first trading day. The #ipo was priced at 1.5 AED. 📈

3️⃣ The Block: The crypto platform Shadow, aimed at reducing costs in Ethereum development, raised $9 million in a seed round led by Paradigm. Among other investors are Coinbase Ventures, Electric Capital, Ethereum Foundation, Uniswap, and Flashbots. The company's first product allows anyone to augment any contract to obtain accurate and relevant data. To reflect the real-time state of public blockchains, the platform utilizes so-called shadow forks and a private execution environment. 💡

4️⃣ Ankr: Web3 infrastructure provider Ankr has introduced Rollup-as-a-Service (RaaS) for Hyperchains, an EVM-compatible second-layer solution from zkSync. Developed in partnership with Matter Labs, the product simplifies the deployment and configuration of scalable and secure networks for decentralized applications. 🚀

5️⃣ ATAIX Eurasia: The cryptocurrency exchange ATAIX Eurasia, based in Kazakhstan, will cease serving Russians due to the need to comply with EU sanctions. This information was conveyed in a user-received email newsletter. 🌍

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