Category: Industry Insights
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Galaxy Digital converts Helios facility into AI data center with $1.4B loan
Galaxy Digital secured a $1.4B loan to repurpose the Helios mining facility into an AI data center, targeting Bitcoin mining and AI infrastructure expansion by 2025.
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UAE crypto industry to rank second by 2025, says Chase Ergen
Chase Ergen predicts crypto will become UAE’s second-largest industry by 2025, surpassing real estate, with Bitcoin and Ethereum leading growth.
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Gemini IPO faces $1.2B losses and Ripple loan in 2023 market downturn.
Gemini plans IPO despite $1.2B losses, Ripple loan; Bitcoin drops 5%, Ethereum falls 3% as market reacts to crypto exchange news.
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Gemini hires GS, C, MS, Cantor for $10B IPO in 2024
Gemini appointed Goldman Sachs (GS), Citi (C), Morgan Stanley (MS), and Cantor as lead bookrunners for its IPO, targeting a $10 billion valuation in 2024.
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Gemini files S1 for NASDAQ IPO following $1.5B 2023 revenue
Gemini filed an S1 statement to go public on NASDAQ, joining Coinbase and Kraken in crypto exchange IPOs. The move follows a $1.5B 2023 revenue.
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S&P Dow Jones plans tokenized index listings on exchanges and DeFi by 2024
S&P Dow Jones explores tokenized index listings on exchanges and DeFi platforms, targeting 2024 launch with potential inclusion of Bitcoin and Ethereum.
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Gemini files for IPO under ticker GEMI with $7 billion valuation
Gemini filed for an IPO under ticker GEMI, joining Coinbase and Kraken in crypto exchange listings, with a projected valuation of $7 billion.
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Cardinal Health launches XRPL payment system for $1.2 billion annual transactions
Cardinal Health, a Nasdaq-listed pharma distributor, launched an XRPL-powered payment system, processing $1.2 billion in transactions annually, enhancing efficiency and transparency.
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Gemini files for Nasdaq listing after $282M losses in 2025
Gemini plans Nasdaq listing despite $282M losses in 2025, joining Coinbase and Kraken in crypto exchange public offerings amid regulatory scrutiny.
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Trump-backed American Bitcoin targets Japan and Hong Kong for 10,000 BTC reserves by 2024
American Bitcoin, backed by Trump, plans acquisitions in Japan and Hong Kong to increase BTC reserves by 15% in 2024, targeting 10,000 BTC.
