SPAC
eToro’s Crypto Trading Commissions Soar to $264M in Q2
Israeli-based exchange eToro said its commissions from crypto trading increased by nearly 23 times in the second quarter, compared with last year's same period. This comes as it readies going public via a merger with special purpose acquisition company (SPAC) FinTech Acquisition Corp. V., which values the combined company at $10.4 billion. CEO Yoni Assia shares insights into the trading platform's earnings, growth, and plans.
NFT-Focused Topps Abandons Plan to Go Public in SPAC Merger
Legacy trading card company Topps has pulled out of its plan to go public via a merger with a special purpose acquisition company (SPAC) following the loss of its exclusive deal to make baseball cards as non-fungible tokens (NFTs) in partnership with Major League Baseball (MLB) and the MLB Players Association (MLBPA).
Crypto Exchange 'Bullish' Set for Public Listing via $9B SPAC Deal
Crypto exchange Bullish, launched by Block One, is going public in a SPAC deal with Far Peak Acquisition, led by former New York Stock Exchange President Thomas Farley. "The Hash" hosts discuss Bullish going public and the company's outlook.
USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal
Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal that values the firm at $4.5 billion. “This deal matters because it’s a continuation of crypto companies making good, going public, and infiltrating the traditional world,” host Adam B. Levine said.
USDC Backer Circle to Go Public in SPAC Deal
Amid much debate on the outlook for stablecoin regulation, Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal. “Circle has a huge opportunity to provide more transparency than any other stablecoin issuer,” CoinDesk’s Nikhilesh De said.
eToro CEO on Going Public via SPAC
eToro founder and CEO Yoni Assia discusses taking the crypto trading firm public via a merger with a special purchase acquisition company (SPAC), the implied $10B valuation and what it all means for the future of the company.
eToro Is Going Public, Will More Crypto Companies Follow?
“The Hash” team discusses the news that eToro is going public via a merger with a special purchase acquisition company (SPAC) and the implications for other crypto exchanges.
