JD Alois

CFTC Chair Nominee Brian Quintenz Spills Tense Conversation with Gemini Founder Tyler Winklevoss

Private message leak exposure involving Tyler Winklevoss, CFTC investigation, and concerns over transparency and integrity in cryptocurrency regulatory communications.

Brian Quintenz, a former Commissioner at the Commodity  Futures Trading Commission (CFTC) and Trump nominee to take over the regulator as its new chair, shared an online conversation this week he had with Tyler Winklevoss, founder of Gemini Space Station, a crypto exchange expected to… Read More

ClearScore Reports £18.8 Million Profit for the Year

ClearScore, a Fintech that helps lenders manage volume and risk, is reporting a full-year profit of £18.8 million for fiscal year 2024. In 2023, ClearScore generated £6.4 million in profit. Top line revenue rose 17% to £89.7 million, with annualized revenue said to be pacing… Read More

OpenAI to Allow Shareholders to Sell at $500 Billion Valuation

OpenAI, a leading artificial intelligence platform and operator of ChatGPT, will enable insiders to sell approximately $10 billion in shares at a valuation of around $500 billion. OpenAI was previously priced at a valuation of $300 billion earlier this year. The company has been growing dramatically and is… Read More

Gemini IPO Price Moved Up Again

Crowdfund insider, finance news, investment trends, crowdfunding platform, startup funding, alternative investments, financial technology, market analysis, investment opportunities, crowdfunding industry insights.

Gemini Space Station, a crypto exchange and digital asset services provider, will complete an initial public offering (IPO) on the Nasdaq today in an offering that has generated significant interest from investors. Initially, Gemini priced the IPO at a range of $17 to $19 a… Read More

Figure Technologies Closes First Day of Trading Up by 24%

Figure Technologies (NASDAQ:FIGR), a blockchain platform for lending and infrastructure, floated its shares on the Nasdaq today, closing with a 24.4% increase on its initial public offering price. Figure increased its offer price range significantly just before its public float from $18 to $20 a… Read More

ICAN Sues SEC to Challenge Discriminatory Accredited Investor Rule

The Investor Choice Advocates Network (ICAN) has filed a lawsuit to challenge the current definition of an Accredited Investor. Under current rules, only affluent investors may participate in certain private securities offerings. Typically, the most successful private firms leverage Regulation D (Reg D) to raise… Read More

Tokenized Assets: BNP Paribas, HSBC, Join Canton Foundation

BNP Paribas and HSBC have joined the Canton Foundation and its initiative to pursue the tokenization of assets. The two big banks are joining other well-known members, including Goldman Sachs, HKFMI, and Moody’s. Founded in 2024, the Canton Network is a permissioned blockchain that provides… Read More

Chiliz Group Gains MiCA Approval in Europe

Young soccer player kicking a red ball during a match on a lush green field, showcasing youth sports and athletic activity.

Socios Europe Services Limited (SES), part of the Chiliz Group, has been granted authorisation as a Crypto-Asset Service Provider by the Malta Financial Services Authority (MFSA). This makes Socios Europe the first MiCA-authorised entity within the blockchain and sports sector.  MiCA applies to all EU… Read More

Figure IPO is Next Fintech to Raise Offering Price

Figure Technology, a blockchain-based lending and infrastructure firm, will float its shares on Nasdaq today, raising over $780 million. The shares will trade under the ticker symbol FIGR and will become the most recent Fintech to successfully go public this year. Figure also bumped up… Read More

Gemini IPO Price Bumped Up Following Nasdaq Commitment

The upcoming Gemini initial public offering (IPO) has announced an increase in the share price range for a listing on the Nasdaq this Friday, trading on the ticker GEMI. Initially, the IPO was priced at $17 to $19 a share. Today, this range was increased… Read More

Three “Finfluencers” Charged by FCA for Illegal Invitation to Invest in High Risk Products

The UK is cracking down on individuals, known as Finfluencers, promoting certain investment opportunities. According to a release by the Financial Conduct Authority (FCA), three individuals have been charged with one count of communicating an invitation to engage in investment activity which transgresses the Financial… Read More

Nasdaq Plans to Offer Tokenized Securities as Exchange Embraces Digital Securities

Nasdaq has filed with the Securities and Exchange Commission (SEC) to offer tokenized securities. Tokenization, or digital securities, can leverage technology to issue and manage securities more easily. Tokenization is an inevitable evolution and a change that can benefit all parties, including platforms that offer… Read More

RWA Accelerator Ascend Announces the First Group of Participants

RWA accelerator Ascend has announced its first group of participants. The goal is to focus on real-world assets for institutions, a promising sector of Fintech. Ascend was created by a group of well-known digital asset firms, including Anchorage Digital, Plume, Galaxy Ventures, OKX Ventures, Morpho,… Read More

Ringing the Bell: Klarna Shares Trade on NYSE Today, Valued at $15 Billion

European Fintech Klarna (NYSE:KLAR) will see its shares trade on the New York Stock Exchange today, pricing its shares at $40 each, giving the company a valuation of around $15 billion. Klarna is the most recent Fintech to go public this year as public markets… Read More

Nasdaq Invests in Gemini IPO, Commits $50 Million

Crowdfund insider, finance news, investment trends, crowdfunding platform, startup funding, alternative investments, financial technology, market analysis, investment opportunities, crowdfunding industry insights.

Gemini, a global crypto exchange poised for an initial public offering this week, revealed today that Nasdaq has committed to investing $50 million in the IPO at the same price of the float. In an updated S-1, Gemini revealed that Nasdaq has agreed to purchase… Read More

Robinhood Closes Up over 15% on Index News

Robinhood  (NASDAQ: HOOD), a new spin on digital brokerages and investing, had a good day in the market as its shares jumped by over 15% today, closing at $117.28. This is almost its 52 week high and bodes well for investors. Robinhood was fueled by… Read More

SEC Crypto Task Force to Review Privacy, Financial Surveillance

Privacy concerns are a huge issue in the US and recent years financial regulators have ramped up their monitoring of individual activity. Banks and other financial firms must flag suspicious activity, notify the feds of relatively small transfers and constantly be on guard for bad… Read More

CoinShares to Go Public on Nasdaq Via SPAC Deal

Crypto firm CoinShares will become a publicly traded company on the Nasdaq via a SPAC in a $1.2 billion in a pre-money equity value on a pro-forma basis. The deal will see CoinShires combine with Vine Hill Capital Investment Corp.(NASDAQ: VCIC). CoinShares has been listed… Read More

Greece Gets First Digital Only Bank: Snappi

Snappi is now Greece’s first ECB licensed digital bank, according to a statement by the company. The App focused digital bank based in Ioannina now has its services available via the Apple App Store and Google Play. Snappi offers cards, both digital and physical, transfers,… Read More

Republic Europe Expected to List SpaceX Mirror Notes Soon

Republic Europe, formerly Seedrs, is expected to soon list SpaceX Mirror Notes on the UK based platform. Mirror Tokens or Mirror Notes (for the UK) are digital assets that match the price and performance of private securities. The aim is to provide access to promising… Read More

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