Kraken, the second-largest U.S.-based crypto exchange after Coinbase, has set its sights on going public in 2022, according to CEO Jesse Powell.
What Happened: Powell, who founded Kraken in 2011, told CNBC that it had plans to go public sometime next year. “It would probably be a direct listing, similar to Coinbase,” he said.
For now, the exchange is in the midst of talks with investors for a new round of funding.
According to Bloomberg, Kraken has held discussions with several high-profile investment firms including Fidelity, Tribe Capital, and General Atlantic.
“We have been in some talks to do another round,” said Powell, adding, “We’ve kind of been delaying a bit to see where the Coinbase valuation comes in at. I suspect that the price is gonna pump much higher than it has been trading at.”
Fisker shares were down 3.64% at $15.34 at last check Friday.
Fisker Daily Chart Analysis: The daily chart above shows that Fisker stock looks to be forming what technical traders would call a descending triangle pattern.
The flat bottom of the pattern looks to be near the $14 mark. The $14 mark is a place where the stock has found support before and has been unable to cross below in the past.
The resistance in the pattern can be found by connecting the previous highs on the chart. The stock may hold this line as resistance in the future until the line is either broken or the descending triangle pattern is confirmed.
Dusk Network is making significant funds available to attract the brightest minds in the industry to help build the future of finance.
AMSTERDAM, APRIL 9, 2021 – At the first annual DuskCon, Dusk Network revealed their multi-million dollar Grants Program. The Grant Program is worth $5,000,000 and propels the blockchain ecosystem forwards by attracting more of the industries’ brightest minds.
Dusk Network is a leader in privacy technology. Key building blocks in the privacy space include what s commonly known as zero-knowledge cryptography, a field they lead. With the Grants program, Dusk intends to attract additional talent to further strengthen their position in the sector. Issuing grants for research and development isn’t a first in the industry: a famous success story in the blockchain space is a company called Metamask. Their internet tool started from a $30k grant and now leads their sector with millions of yearly revenue in only a few years time. Dusk Network
NYDIG s $100M Round From Liberty Mutual, Starr, Gives Rise To Bitcoin Insurance Products benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Interviews with Mark Cuban and with active DeFi projects that chose alternatives to the Ethereum network.
Bitcoin’s 2020-2021 bull run has been like the cinematic run of Marvel Comics Universe superhero movies never-ending action, just a few low points, and ultimately a lot of money made.
But if Bitcoin is the headliner in this film, Ethereum has had all the interesting character moments.
Investor and entrepreneur Mark Cuban is quickly becoming a major advocate for Ethereum. He recently gave us some comments concerning the network by email.
Mark Cuban
How big is Eth going to be in 2021?
“I can’t give you predictions with a calendar. Everything is always a continuous work in progress with breakthroughs and roadblocks.”