Page 16 - Direct Listing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nasdaq Inc asked U.S. regulators on Wednesday to remove a restriction that limits how much money companies can raise through a direct listing on its stock market exchange, according to a regulatory filing reviewed by Reuters. Direct listings allow companies to list on the stock market without a traditional and more costly initial public offering. Nasdaq's move follows the U.S. Securities and Exchange Commission's (SEC) approval last week of a Nasdaq proposal to allow companies to raise capital in a direct listing as long the shares start trading within the indicated price range set...

Crash Warning: 3 Reasons Why Bitcoin is on the Brink Bitcoin ( BTC-USD) has had an incredible run lately, up as much as six-fold since late 2020. Until recently, the cryptocurrency had continued reaching new highs, topping $60,000 in recent days before retreating to today’s price of a little more than $56,000. © Provided by InvestorPlace A concept image showing Bitcoin (BTC) in a bubble. With more and more mainstream adoption, bulls suggested that Bitcoin could be on a steady path toward $100,000 in the coming months. However, that upward trajectory has now come into question. Over the w...

market capitalization soared as high as $112 billion during itstrading debut on Wednesday, valuing the business more highly than some of America's biggest and best-known companies. At its intraday peak, the 9-year-old cryptocurrency exchange was briefly worth more than Lockheed Martin ($108 billion), Airbnb ($106 billion), or Target ($103 billion). Even after paring its gains and ending the day with a $86 billion market cap, it beat out General Motors ($84 billion), FedEx ($76 billion), and Twitter ($56 billion). Advertisement Moreover, Coinbase is currently worth more than twice as much as ...

Coinbase (COIN) Shares Close at $328.28 in Market Debut, Exchange at $85.5B Market Cap 6 hours ago by Ibukun Ogundare · 3 min read Photo: The Coinbase Blog You have successfully joined our subscriber list. The DPO gave Coinbase employees and stakeholders immediate access to sell shares at a market-based price.  Crypto exchange Coinbase (COIN) shares closed at $328.28 following its direct public offering (DPO) on the 14th of April. After a successful market debut on Nasdaq, the crypto exchange stood at an $85.8 billion market capitalization on a fully diluted basis. On the other hand, the...

April 15, 2021 For crypto fans, Coinbase’s $86 billion IPO is a stamp of validation for bitcoin and the nascent world of digital assets. Coinbase’s bottom line is poised to be a major beneficiary of that optimism. The eight-year-old crypto exchange didn’t raise any money through the direct listing, which is fine for Coinbase because it has more than $1 billion on its balance sheet. Instead of cash, the listing provided a new stamp of approval: The largest US trading venue for digital assets will have audited financials and undergo greater scrutiny from investors and regulators, providin...