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Webull To Go Public With SPAC Merger: What Investors Need To Know
Wednesday, February 28, 2024 - 10:48am | 500Read More...Digital investment platform company announced a SPAC merger to go public. Looking at the details and what's next for the company. Digital investment platform Webull Corporation is going public via a SPAC merger announced Wednesday. The news comes years after reports that Webull was nearing an...
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Citadel Sues Crypto Firm, Alleges Former Executives Stole Trade Secrets
Thursday, May 18, 2023 - 9:32am | 497Read More...Citadel Securities is suing high-frequency crypto trading firm Portofino, alleging two former executives stole trade secrets as they tried to raise money and launch their startup. Leonard Lancia and Alex Casimo, co-founders of Portofino Technologies, allegedly accessed Citadel's proprietary...
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Opensea Valuation Hits New Record $13B With Increased Surge In Volume: Report
Tuesday, January 4, 2022 - 4:55pm | 565Read More...Leading NFT marketplace OpenSea could hit a new record valuation as a private company, according to a recent report. What Happened: OpenSea is in talks to raise funds at a valuation of $13 billion, according to Newcomer and author Eric Newcomer. The new funding round would be led by Coatue,...
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Nintendo- And Google-Backed Niantic Valued At $9B As Metaverse Play
Tuesday, November 23, 2021 - 3:14pm | 641Read More...The company behind the massively successful mobile game “Pokemon Go” has seen its valuation increase over the years. A recent funding round could help the company become a major player in the growing market that is the metaverse. What Happened: Niantic raised $300 million in a...
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Dapper Labs Reaches $7.6B Valuation After $250M Funding Round
Wednesday, September 22, 2021 - 5:43pm | 421Read More...Dapper Labs — the creator of Ethereum's (CRYPTO: ETH) ERC-720 non-fungible token (NFT) standard and the Crypto Kitties — closed a $250 million funding round led by Coatue. What Happened: Dapper Labs' latest funding round also saw the participation of a16z, GV (...
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Fintech Focus For May 3, 2021
Sunday, May 2, 2021 - 7:25pm | 1759Read More...Quote To Start The Day: “In three words I can sum up everything I've learned about life: it goes on.” Source: Robert Frost One Big Thing In Fintech: Robinhood, the free-trading app that helped drive a surge in retail investing during the pandemic, has switched to using JPMorgan...
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Fintech Focus For April 29, 2021
Wednesday, April 28, 2021 - 6:15pm | 1682Read More...Quote To Start The Day: “Insanity is doing the same thing, over and over again, but expecting different results.” Source: Albert Einstein One Big Thing In Fintech: Edge Clear, the futures brokerage built by and for traders, last week announced the demo launch of EdgeProX, a...
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M1 Finance Announces $75M Series D To Lower Barriers To Financial Wellness
Tuesday, March 9, 2021 - 10:00am | 383Read More...The finance app M1 Finance, an automated money management platform, has announced a $75-million Series D funding round. What Happened: M1 Finance is a platform for digital investing, borrowing and banking. As part of its vision to help self-directed investors build wealth for the long-term, M1...
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Tullo Still Short Netflix, Says Media Is Wrong About International Exposure
Wednesday, August 26, 2015 - 3:42pm | 571Read More...In an email sent to investors on Wednesday, Albert Fried & Company's Richard Tullo looks into Netflix, Inc. (NASDAQ: NFLX). Although the firm does not cover this stock, the analyst wanted to point out a few comments he heard in the media that “do not seem to make sense.” Note that...
