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Fold Inc., a bitcoin financial services firm, is set to go public through a merger with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC). The transaction, expected to…
The deal previously valued Circle at $4.5 billion in July 2021 before an upwards revision to $9 billion in February 2022.
The firm's revenue increased by 25.25% to $497.2 million in the first nine months of 2022.
The firm, whose data centers are located in the United States, generated $40 million in sales last year.
The Aura FAT SPAC listed on Nasdaq and ended its IPO with $115 million in funds after finishing an over-allotment round.
The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition…
The company forecasts it will generate up to $98 million in annual revenue.
The company projects it can mine up to 25,000 BTC per year by 2024.
The price of BKKT contracted by more than 6% during its first day of public trade.
According to eToro’s Q2 report, crypto drove the 125% surge in trading volumes in Q2, with crypto representing 73% of total trading commissions.