Category: The Ledger Edge
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S&P Dow Jones to launch blockchain-based Wall Street indexes in 2025
S&P Dow Jones will migrate Wall Street indexes to blockchain by 2025, involving Bitcoin and Ethereum, enhancing transparency and reducing settlement times by 70%.
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Trump-backed miner targets Asian Bitcoin acquisitions in 2024
Trump-backed miner aims to acquire Asian Bitcoin assets, targeting undervalued operations. Bitcoin trades at $42,000, with mining difficulty at 70T. Focus includes Indonesia and Malaysia.
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Gemini files for Nasdaq listing after $1.2 billion 2023 losses
Gemini filed for a Nasdaq listing despite reporting $1.2 billion losses in 2023, joining Coinbase and Kraken in pursuing public markets amid regulatory scrutiny.
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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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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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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.