Transactions | FinTelegram News

Category: Transactions

April 9, 2025

Investor Briefing | Ripple’s $1.25B Hidden Road Deal Signals Crypto’s Institutional Breakout

Ripple has acquired global prime broker Hidden Road for $1.25 billion in a landmark deal that could reshape institutional access to crypto. The move secures Ripple’s position as a hybrid financial powerhouse, combining traditional market infrastructure with blockchain-native innovation. CEO Brad Garlinghouse calls it a "once-in-a-lifetime opportunity" to merge the trust of traditional finance with the speed and efficiency of blockchain via XRP and RLUSD.

April 2, 2025

Stablecoin Issuer Circle’s IPO – Executive Investor Briefing

Circle – the issuer of the USD Coin (USDC) stablecoin – has filed for an IPO, marking a milestone as the first major stablecoin company to seek a public listing. This move signals a pivotal moment for the crypto industry, bridging the gap between digital assets and traditional finance. Circle’s public debut (planned on the NYSE under ticker “CRCL”) is expected to enhance transparency and trust in stablecoins.

March 23, 2025

Kraken’s $1.5 Billion NinjaTrader Acquisition Signals Bold Expansion Ahead of 2026 IPO

Kraken has acquired NinjaTrader in a $1.5 billion deal, marking a strategic leap toward uniting traditional finance with the crypto ecosystem. The move not only diversifies Kraken’s offerings but also sets the stage for its anticipated public listing in 2026. The timing aligns with renewed optimism in the crypto sector, driven by expectations of more favorable regulatory conditions under U.S. President Trump.

February 12, 2025

Investor Briefing: Crypto Custodian BitGo Contemplates Late 2025 IPO Amid Industry Shift!

Cryptocurrency custodian BitGo is exploring an initial public offering (IPO) potentially slated for the second half of 2025, signaling a significant move in the evolving digital asset landscape. This development comes as the crypto industry experiences a surge in public listing interest, driven by favorable market conditions and regulatory optimism.

November 13, 2024

Swedish Buy-now pay-later giant Klarna files for IPO in the US!

Klarna, the Swedish buy now, pay later (BNPL) giant, has officially filed for an initial public offering (IPO) in the United States. The fintech company confidentially submitted the relevant paperwork to the U.S. Securities and Exchange Commission (SEC), it said last night. Allegedly, the firm was in talks with banks about a New York IPO and was targeting a $20bn price tag.

October 2, 2024

Blood and Business: Wildberries Merger Turns Deadly in Violent Clash of Russia’s Elite!

The saga of Wildberries, Russia's leading online marketplace, took a dramatic turn when a proposed merger with the Russ Group sparked a violent power struggle. The conflict pitted co-founders and former spouses Vladislav and Tatyana Bakalchuk against each other, with powerful backers on both sides. Chechen leader Ramzan Kadyrov supports Vladislav, and Dagestan billionaire Suleiman Kerimov backs Tatyana.

September 25, 2024

U.S. Crypto Exchange Kraken Strengthens European Position with Dutch Acquisition Ahead of MiCA!

Kraken, one of the world's leading cryptocurrency exchanges based in the U.S., has recently completed its acquisition of Coin Meester B.V., a prominent Dutch cryptocurrency broker d/b/a BCM. This strategic move marks another milestone in Kraken's European expansion strategy and strengthens its position in the evolving cryptocurrency market landscape under the MiCA regime.

September 13, 2024

Revolut Founder and CEO Offloads Shares Worth Between $200 to $300 Million!

Revolut founder and CEO Nik Storonsky offloaded a significant portion of his shares in the fintech giant during a secondary offering in August, raising between $200 million and $300 million. This sale still leaves him with a majority stake valued at $8 billion. As Revolut continues to post strong financial results and expand its services, all eyes are on the company’s next move, with an IPO potentially on the horizon.

August 20, 2024

Bitwise Expands Into Europe With Acquisition of Bitcoin ETP Issuer ETC Group!

The US-based Bitwise Asset Management is one of the leading providers of crypto index funds and ETFs. Bitwise has a six-year track record focused solely on crypto and aims to provide investors with professional-grade, rules-based exposure to the crypto asset class through its index funds and ETFs. The company announced the acquisition of London-based ETP issuer ETC Group.

August 19, 2024

NAGA Completes Reverse Takeover by Key Way Group!

The reverse takeover of NAGA Group by the Key Way Group, owner of the CySEC-regulated reatil broker CAPEX.com, appears to have reached its final stages. Initially announced in December 2023, the merger has now received regulatory approval, with the companies expecting to close the deal by the end of August 2024. The CAPEX.com client accounts will be transferred to NAGA, the company recently announced.

Transactions

July 24, 2024

Impressive: Wiz Rejects $23 Billion Google Acquisition, Opts for IPO!

In an impressive move, cloud security startup Wiz has turned down a $23 billion acquisition offer from tech giant Google. Instead, the company is gearing up for an initial public offering (IPO), according to an internal memo from Wiz co-founder Assaf Rappaport, reported by CNBC on Monday, July 22."Saying no to such humbling offers is tough," Rappaport wrote, reflecting on the monumental decision. Here is the story told in a few words.

Crypto
IPO

July 3, 2024

Genesis Digital Assets Weighs IPO, Signaling Continued Bull Cycle in Crypto Market

Rumors are swirling around Genesis Digital Assets' (GDA) potential Initial Public Offering (IPO). GDA is a prominent US bitcoin mining firm, which once was financially backed by the collapsed Alameda Research of former convicted crypto mogul Sam Bankman-Fried. According to a Bloomberg report, GDA is exploring options for a U.S. IPO, underscoring the ongoing bullish sentiment in the crypto market.

DeFi Decoded: Smart Contracts – The Code Behind the DeFi Revolution

Smart contracts are the invisible architects of decentralized finance. These self-executing lines of code run everything from token swaps to lending platforms without middlemen. But while they offer autonomy, they also introduce new risks—bugs, exploits, and irreversible mistakes. In this fourth installment of our FinTelegram DeFi Series, we explain what smart contracts are.

CFTC

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.

Prison Update: Sam Bankman-Fried Transferred to Low-Security Federal Prison in Los Angeles!

Sam Bankman-Fried (SBF), the founder of the now-defunct cryptocurrency exchange FTX, has been transferred to the Federal Correctional Institution (FCI) Terminal Island in Los Angeles, California. This low-security facility is known for housing non-violent offenders and has previously held notable inmates such as Ramesh "Sunny" Balwani, former COO of Theranos.