Tagged: nyse

SEC Delays Another Decision on a Bitcoin ETF Until Late September

The SEC (Securities Exchange Commission) announced yesterday that it will take a full 90 days to decide on a rule change that may permit VanEck SolidX to take a Bitcoin ETF to market. The latest request for a rule change came from the Chicago Board… Read More

Bakkt: Owner of New York Stock Exchange ICE Announces Major Digital Assets Venture, Starbucks as Partner

A major announcement today from the owner of the New York stock exchange conveyed by Fortune magazine is being viewed as something of a blockbuster in crypto circles. Jeffry Sprecher, founder and CEO of Intercontinental Exchange (NYSE:ICE), is seeking approval for a venture ICE is… Read More

Reg A+ 2.0: Tripoint Global – Banq will Offer Security Tokens

Tripoint Global, a boutique investment bank based in Manhattan, and its online capital formation platform Banq – have been leaders in the Reg A+ crowdfunding space since the beginning. When the  rules were quite new, Mark Elenowitz, CEO of Tripoint, was quick to recognize the potential… Read More

Gemini Crypto Exchange Scoops New York Stock Exchange Chief

Cameron Winklevoss, co-owner of New York-based Gemini Digital Asset Exchange, has announced the organization’s placement of its first Chief Technology Officer (CTO). The new position will be filled by Robert Cornish, who, at the time of writing, is still Chief Information Officer at the New… Read More

The SEC is Reviewing Whether to List Bitcoin ETFs on CBOE

The Securities and Exchange Commission filed an “Order Instituting Proceedings” to determine if they should approve the listing of shares of the GraniteShares Bitcoin ETF and the GraniteShares Short Bitcoin ETF on the CBOE BZX Exchange. This is similar to a process that was initiated last… Read More

Darren Marble, CEO of CrowdfundX: Reg A+ is Transformational, Predicts Big Things in 2018 for Blockchain Based Companies, Cautions on Crowdfunding Platforms

Darren Marble is CEO and founder of CrowdfundX – a firm that provides a modern spin on financial marketing for the new world of Fintech and online capital formation. Early on, Marble recognized the potential of Reg A+ crowdfunding in the US, as created by Title… Read More

NYSE Files with the SEC to List Two Bitcoin ETFs

Multiple reports are indicating the NYSE (NYSE:ICE) has filed with the Securities and Exchange Commission to list to Proshares Bitcoin ETFs. CNBC said the funds would track the Bitcoin Futures contracts trading on the CBOE and CME. Both contracts only recently launched. Brown Brothers Harriman… Read More

China: WeiyangX Fintech Review

A Unified Credit Rating System is On the Way People’s Bank of China, China’s central bank, has made plans to launch a united platform by the end of 2017 for collecting personal credit information and assessing people’s credit ratings. Setting up this platform means the… Read More

PPDAI IPOs at $13 Share

Chinese online lender PPDAI traded on the NYSE under ticker PPDF today after pricing shares at $13 each for their initial public offering. The IPO raised $221 million for the peer to peer lending platform with Credit Suisse and Citi acting as lead managers.  PPDAI… Read More

SEC & NYU Partner on Event Tackling Moribund IPO Market

The Securities and Exchange Commission is partnering with New York University on an event tackling the topic of the declining initial public offering market (IPO). Organized under the auspices of the SEC’s Division of Economic Risk Analysis (DERA), the half day dialogue is being held… Read More

Where to List Your Shares? OTC Markets Says it Offers All the Benefits of NYSE MKT at Half the Cost

The advent of new securities exemptions has created opportunity for various sectors of finance. Beyond the fact that issuing companies now have new alternatives for raising capital, and a broader group of investors may gain access to early stage companies, there is a question of… Read More

Mark Elenowitz of TriPoint Global: Reg A+ is the Future of IPOs

There has been a lot of buzz within the investment community regarding the updated exemption created under Title IV of the JOBS Act.  Regulation A+, or just Reg A+, was crafted by the SEC and Congress to allow issuers to raise up to $50 million… Read More

Myomo Files for Reg A+ Offer. Expects to List on NYSE Following Funding Round

Myomo, a medical robotics company whose products enable users to overcome upper extremity paralysis, has filed a Form 1-A with the SEC indicating its intent to raise money under Reg A+, a crowdfunding exemption that allows issuers to seek up to $50 million in capital…. Read More

OnDeck CEO Noah Breslow Shares His Innovative Vision for Marketplace Lending: Transforming How Money Flows

“We are extremely excited by the possibilities of the next decade in the alternative finance market… OnDeck’s vision is to transform how money flows to small businesses by leveraging our platform to provide capital on demand for small business owners. The data flowing through a small… Read More

Venture Exchanges Discussed in Senate Banking Sub-Committee

In a broad ranging discussion on Capitol Hill today, the Senate Banking, Housing and Urban Affairs subcommittee addressed the issue of Venture Exchanges. Recently there has been a growing amount of discourse on the Hill, and within the offices of the SEC, regarding the propriety and… Read More

Where Have All the IPOs Gone? (Deck)

Nasdaq CEO Bob Greifeld spoke briefly on CNBC today about the “institutional battle” between the NYSE and Nasdaq in regards to the number of IPOs.  For the record Nasdaq chalked up 189 for $22 billion raised in 2014 while the NYSE listed 129 for total… Read More

OnDeck IPO Jumps on Day One, Just as Expected

The next peer to peer lending platform to publicly trade, OnDeck, hit the screens of the NYSE today trading under the symbol ONDK.  The company filed its S-1 with the SEC this past November catching the wave of Lending Club’s IPO success earlier this month…. Read More

Brief: Lending Club IPO Tops $1 Billion After Exercise of Over-Allotment Option

Lending Club (NYSE: LC) an online marketplace the connects borrowers and investors, announced on Tuesday (December 16th) the closing of its initial public offering and the exercise in full of the underwriters’ option to purchase an additional 8,700,000 shares from Lending Club. After the underwriters’… Read More

Lending Club Selects NYSE for IPO

Peer to peer lending platform Lending Club has selected the New York Stock Exchange as their venue to list the much anticipated initial public offering. According to multiple reports, but first advanced in the FT, Lending Club has followed the path of several high profile… Read More