April 21st, 2025
SEC Crypto News - Page 114
Snowflake IPO Left $3.8 Billion on the Table, Largest Amount in 12 years
By staff writer
September 18th, 2020
Since the 2008 Visa IPO, Snowflake has so far made the largest “money left on the table”.
Billionaire Richard Branson to Raise $460 Million for New Blank Check Company
By Tolu Ajiboye
September 18th, 2020
Billionaire Richard Branson is going to join the line of investors who have raised millions for blank check companies.
TSLA Stock Rises 4% in Pre-market, Tesla Clinches Victory in Ex-Employee Lawsuit
By Godfrey Benjamin
September 18th, 2020
The news about the victory in the lawsuit filed 2 years ago has pushed the price of Tesla (TSLA) stock higher.
Diginex Goes for Public Listing on Nasdaq after Merger with 8i Enterprises Acquisition Corp
By Bhushan Akolkar
September 17th, 2020
Diginex received an overwhelming 80% shareholder approval for its merger with 8i Enterprises. Digifinex subsidiary EQUOS will be the first crypto exchange to be listed on the Nasdaq index.
Palantir Set to Go Public via Direct Listing
By Godfrey Benjamin
September 15th, 2020
Palantir Technologies is set to get its public listing on the New York Stock Exchange by the end of the month. The firm has chosen the Direct Listing process.
Rapper T.I. to Pay $75,000 to SEC for Securities Violations Involving Fraudulent ICO Promotions
By Bhushan Akolkar
September 14th, 2020
The fraud involved the promotion and selling of FLiK tokens, the native cryptocurrency of the FLiK platform that claimed to become the “Netflix of the blockchain”, however, it never saw the light of the day.
Virtual Kitchen Raises $20 Million in New Funding Round
By Godfrey Benjamin
September 9th, 2020
The funding round of Virtual Kitchen was led by Keith Rabois and it comes just over a year after a $15.3 million round led by Andreessen Horowitz and Base10 Partners.
Tesla Largest Outside Shareholder Baillie Gifford Sells Approximately 19.23 Million Shares to Meet Internal Guidelines
By Steve Muchoki
September 3rd, 2020
Through a filing to the SEC, Baillie Gifford & Co. disclosed that it has sold 19.23M of Tesla (TSLA) shares to meet the company’s internal guidelines. Tesla shares dropped by nearly 5% yesterday and lost another 2% after hours.
Coinbase Welcomes FinTech Veterans Marc Andreessen and Gokul Rajaram as Board Members
By Bhushan Akolkar
September 1st, 2020
Both Marc and Gokul have worked in the cryptocurrency and FinTech industries for a long period and will bring tremendous experience to the Coinbase board. It is expected that the two new board members will help the company steer ahead its IPO plans.
Blockchain Technology Is Revolutionizing Real Estate Market: Realio Review
By Julia Sakovich
August 28th, 2020
With RealioX, Realio distinguishes itself from existing issuance platforms by developing a decentralized exchange that has a failsafe, 24/7 availability.
SpaceX to Help Launch Masten’s First Lander to the Moon in 2022
By Godfrey Benjamin
August 27th, 2020
Earlier in August, SpaceX revealed in its SEC filing that it had raised $1.9 billion in what appears to be the company’s biggest fundraising in its 18 years of existence, bringing the firm’s total valuation to $49 billion.
SEC Eases Qualifications for Accredited Investors Access to Investment in Private Companies
By Tolu Ajiboye
August 27th, 2020
The SEC did not reveal the number of additional investors that the new amendment covers. However, it said it will target people with knowledge about private offerings.
LINE Debuts Blockchain Development Platform and BITMAX Wallet
By Godfrey Benjamin
August 27th, 2020
Through the LINE Blockchain Developers platform, companies and specialists will be able to create their own tokens, ensure transparent transactions in their operations, as well as monetize data.
Fidelity Launches New Bitcoin Index Fund for Institutional Investors
By Bhushan Akolkar
August 27th, 2020
Fidelity aims to foray deep into the crypto market as the company files for a new Bitcoin-only fund for accredited and institutional players. The investment giant also published a survey showing rising institutional participation in the crypto market.
Blank-Check Company Backed by Paul Ryan Files for $300 Million IPO
By Tolu Ajiboye
August 25th, 2020
Paul Ryan will become the chairman of ENPC’s board after its IPO. The company is going to raise $300 million at the offering.