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Coinbase valued at $83 billion in choppy Nasdaq debut - Netscape Money & Business - Vimarsana News

Coinbase valued at $83 billion in choppy Nasdaq debut - Netscape Money & Business

Coinbase valued at $83 billion in choppy Nasdaq debut By Echo Wang Reuters (Reuters) -Shares in Coinbase Global Inc had a choppy Nasdaq debut on Wednesday, with the cryptocurrency exchange's valuation swinging from as high as $112 billion to as low as $83 billion. Coinbase's stock market debut, done through a direct listing where no shares are sold ahead of the opening, marks another milestone in the development of bitcoin and other digital assets. It comes amid a surge in the value of cryptocurrencies which has lured a clutch of mainstream, top-tier firms dive into the space. Coinbase's st...

Blockchain firm ConsenSys raises $65 million from J.P. Morgan, others - Vimarsana News

Blockchain firm ConsenSys raises $65 million from J.P. Morgan, others

Blockchain technology firm ConsenSys said on Tuesday it had raised $65 million from major banks and financial services firms including J.P. Morgan, Mastercard Inc and UBS Group AG to fund its growth and global expansion.

Jump Trading backs fan tokens startup Chiliz - Vimarsana News

Jump Trading backs fan tokens startup Chiliz

2 Min Read LONDON (Reuters) - Proprietary trading firm Jump Trading has made an equity investment in Chiliz, the blockchain company that issues tokens associated with various sports teams, the companies told Reuters on Tuesday. FILE PHOTO: Soccer Football - Serie A - AS Roma v AC Milan - Stadio Olimpico, Rome, Italy - February 28, 2021 AC Milan's players huddle before the match REUTERS/Alberto Lingria/File Photo The investment amount was not disclosed. Malta-based Chiliz is known for powering a platform called Socios.com which offers tokens to soccer fans, enabling them to participate in poll...

Baby boomers next to jump into crypto, Galaxy Digital's Novogratz predicts - Vimarsana News

Baby boomers next to jump into crypto, Galaxy Digital's Novogratz predicts

Baby boomers next to jump into crypto, Galaxy Digital’s Novogratz predicts FILE PHOTO: The exchange rates and logos of Bitcoin (BTH), Ether (ETH), Litecoin (LTC) and Monero (XMR) are seen on the display of a cryptocurrency ATM of blockchain payment service provider Bity at the House of Satochi bitcoin and blockchain shop in Zurich, Switzerland March 4, 2021. REUTERS/Arnd Wiegmann/File Photo March 26, 2021 By Anna Irrera and Tom Wilson LONDON (Reuters) – Wealthy baby boomers will be the next generation to jump into cryptocurrencies as they become more mainstream, potentially bringing b...

Source: oann.com
Analysis-Deliveroo's IPO slump casts doubt over London's post-Brexit ambitions - Vimarsana News

Analysis-Deliveroo's IPO slump casts doubt over London's post-Brexit ambitions

6 Min Read LONDON (Reuters) - Deliveroo’s share price plunge on its London stock market debut has put a question mark over Britain’s ambitions to become a home for fast-growing tech companies following its departure from the European Union, investors and analysts say. Shares in the food delivery company slumped as much as 30% on Wednesday in one of the biggest first day falls for a stock in London. They were down another 2.2% on Thursday. Many of the reasons for the brutal decline are likely to be company-specific, according to a dozen interviews by Reuters of venture capital (VC) investo...