Circle Internet Group, a stablecoin issuer, went public today with an initial public offering valued at $1.1 billion. The value is much higher than it was originally expected. On June 4, the company that offers the second-most used stablecoin, USDC, sold 34 million shares at $31. Exceeding what investors expected
Teucrium Investment Advisors is launching the first U.S.-listed XRP ETF on April 8. The fund, called the Teucrium 2x Long Daily XRP ETF (ticker: XXRP), will trade on NYSE Arca. It aims to deliver twice the daily performance of XRP using swap agreements rather than holding the token directly. This
Grayscale Investments has officially filed with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust (GSOL) into a spot exchange-traded fund (ETF) listed on NYSE Arca. Grayscale’s filing comes amid growing demand for cryptocurrency-based ETFs, a trend that gained momentum in early 2024 with the SEC’s
The $44 billion acquisition deal is anticipated to be finalized by Musk before this weekend. Elon Musk changed his Twitter biography to read “Chief Twit”. The Twitter [TWTR] deal with Elon Musk is finally being completed. Musk is getting closer to acquiring the platform after several setbacks. In the midst
