Category: The Ledger Edge
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Figure Technologies targets $4.13 billion valuation in Nasdaq IPO under Mike Cagney
Figure Technologies, led by Mike Cagney, seeks a $4.13 billion valuation in its Nasdaq IPO, targeting expansion in blockchain and lending services.
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Gemini exchange targets $2.3 billion valuation in 2024 initial public offering
Gemini exchange targets a $2.3 billion valuation in its upcoming IPO, joining Coinbase and Kraken among major crypto platforms seeking public listings.
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XRP Ledger carbon emissions equal one transatlantic flight annually per 2023 research
XRP Ledger’s annual carbon footprint equals one transatlantic flight, emitting only 0.0078 kWh per transaction, according to Ripple and Crypto Carbon Ratings Institute.
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Citi survey finds crypto to manage 10% of post-trades by 2030
Citi survey projects crypto will process 10% of post-trades by 2030, highlighting blockchain adoption in financial markets like Bitcoin and Ethereum.
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TRON partners with U.S. Commerce Department for GDP data publication after 60% fee reduction boosts adoption.
TRON selected by U.S. Commerce Department for GDP data publication after 60% fee reduction led to surge in network adoption and TRX token usage.
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Ripple and Thunes partnership expands cross-border payments to 70 countries with blockchain technology
Ripple and Thunes expanded their partnership to enhance cross-border payments, targeting 70 countries with faster transactions using XRP and blockchain technology.
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SWIFT CIO confirms banks reject Ripple and XRP over 2023 regulatory actions
SWIFT CIO Tom Zschach states banks distrust Ripple and XRP due to regulatory concerns, citing SEC litigation and 2023 market volatility of 60%.
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Swift’s Kerigan endorses neutral standards over Ripple, citing 5.8 billion 2023 transactions for interoperability.
Swift’s Nick Kerigan supports neutral standards over single-sponsor networks like Ripple, citing 2023’s 5.8 billion transactions and advocating for interoperability.
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Gemini files for $317 million Nasdaq IPO under Winklevoss twins leadership in 2023
Gemini exchange files for a $317 million IPO on Nasdaq, led by Cameron and Tyler Winklevoss, aiming to raise significant capital.
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Gemini IPO raises $835 million with 16.7 million share offering at $50 per share.
Gemini launches IPO with 16.7 million shares priced at $50 each, targeting $835 million in capital for expansion and market growth.
