Webull Ditches Crypto Amid SEC Hassle - SPAC to the Rescue! 🚀
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Hey crypto enthusiasts! 🌐 Webull's rollercoaster ride in the IPO world takes a turn – no thanks to the SEC's cold vibes on their crypto ventures. 📉💔
Webull's CEO spilled the beans, blaming their IPO rejections on crypto ties. The SEC, not exactly throwing confetti their way. 🎉🤷♂️
Webull waves goodbye to crypto services, selling off their digital asset business, citing the SEC's foggy stance on broker-dealers in the crypto game. Bye-bye, crypto trading on Webull! 👋💼
Don't despair, though! 🙌 Webull's still in the crypto loop, teaming up with Bakkt through Webull Pay App. It's like a crypto rebound but with a different dance partner. 💃🕺
Unlike Webull, Robinhood nailed the crypto-IPO combo, flexing those crypto muscles since 2018. IPO success, crypto intact – Robinhood, you sly fox! 🦊💪
Now, Webull's eyeing Nasdaq via a $7.3 billion SPAC deal with SK Growth Opportunities Corp. SPACs, the cool kids' IPO – less stress, upfront valuation, more swag. 💼💰
SKGR stocks, the backstage pass to Webull's Nasdaq debut, trading at $11.11. Up 1.18% – slow clap for the SPAC magic! 👏🚀
But hold your crypto horses! 🐎 The deal's still in the oven, waiting for the shareholder and regulatory thumbs-up. Stay tuned for the grand Webull Corporation debut! 🎉🌐
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Disclaimer: Handle crypto with care. This post is for entertainment and info only. Your financial decisions are yours – own 'em! 🚨💼 #Webull #CryptoDrama #SPACMagic