FinTech
Novogratz’ Galaxy Digital opens trading on the Nasdaq at $23.50 per share
Mike Novogratz’ crypto firm Galaxy Digital started trading on the Nasdaq Friday under the ticker GLXY. The stock opened at $23.50 per share on the U.S. exchange. Galaxy Digital, which has been traded on the Toronto Stock Exchange since 2020, shifted its shares to the Nasdaq through a direct listing — a move that follows […]
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Mike Novogratz describes ‘unfair, infuriating’ path to Galaxy Digital’s Nasdaq listing
Michael Novogratz, founder and chief executive officer of Galaxy Digital LP, left, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, July 26, 2023. Victor J. Blue | Bloomberg | Getty Images TORONTO — Mike Novogratz said he spent nearly four years and more than $25 […]
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The U.S. has struggled for crypto clarity. Canada may have the answer
TORONTO — Canada has quietly become a global leader in digital assets. Canada was among the first countries to enact rules for crypto, starting with anti-money laundering guidelines in 2014. The country has repeatedly evolved its regulatory guidance in recent years, while U.S. lawmakers remain stuck in gridlock — even with a pro-crypto White House […]
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EToro IPO filing cites Israel-Hamas conflict as potential business risk
Yoni Assia, Co-Founder and CEO of eToro, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2023. Patrick T. Fallon | Afp | Getty Images In eToro‘s IPO filing, ahead of the company’s market debut on Wednesday, the stock trading platform spent over 1,500 words spelling out the potential risks […]
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Perplexity partners with PayPal for in-chat shopping as AI race heats up
Perplexity is extending its bet on chat-powered shopping, aiming to stand out in the crowded generative artificial intelligence market against OpenAI, Anthropic, and Google. The company said on Wednesday that it’s partnering with PayPal to let users make purchases directly in chat. U.S. customers will soon be able to book travel, buy products, and secure […]
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Dallas Mavericks were paid $33 million over 3 years by Chime for jersey patch
Klay Thompson #31 of the Dallas Mavericks handles the ball during the game against the Memphis Grizzlies during the 2025 SoFi Play-In Tournament on April 18, 2025 at FedExForum in Memphis, Tennessee. Joe Murphy | National Basketball Association | Getty Images Chime Financial paid the NBA’s Dallas Mavericks roughly $33 million over three years to […]
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Fintechs that raked in profits from high interest rates now face a key test
Key Points In 2024, several fintechs — including Robinhood, Revolut and Monzo — saw a boost to their bottom lines from higher interest rates. Now, they face a key test as a broad decline in interest rates raises doubts about the sustainability of relying on this heightened income over the long term. Lindsey Naylor, partner […]
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Eric Trump’s American Bitcoin going public in latest crypto move by president’s family
The bitcoin mining company backed by President Donald Trump’s sons, Eric Trump and Donald Trump Jr., is set to go public on the Nasdaq through an all-stock merger with Gryphon Digital Mining. Shares of Gryphon were up more than 300% Monday. The combined company, American Bitcoin, will trade under the ticker symbol “ABTC,” with the […]
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KindlyMD shares skyrocket 600% after merger with Trump crypto advisor David Bailey’s bitcoin investment company
People walk past an advertisement feature Donald Trump with Bitcoin in Hong Kong. May James | Lightrocket | Getty Images Shares of KindlyMD skyrocketed 600% Monday after the healthcare company announced a merger with Nakamoto Holdings, a bitcoin investment company founded by David Bailey, a key cryptocurrency advisor to President Donald Trump. The newly formed […]
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Trump’s crypto agenda is being threatened by his pursuit of personal profits
U.S. President Donald Trump looks on as he gives remarks outside the West Wing at the White House in Washington, D.C., U.S., May 8, 2025. Kent Nishimura | Reuters President Donald Trump is standing in his own way when it comes to passing crypto legislation. Lawmakers this week rejected the GENIUS Act — a bill […]
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