IPO

Strategy drops $2B on Bitcoin in one week
Strategy purchased 24,869 bitcoin last week for roughly $2 billion at an average price of $80,985 per coin, bringing its total holdings to 843,738 BTC at an aggregate cost of $64 billion. The purchase was funded almost entirely through sales of its STRC preferred stock. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Cerebras IPO values AI chipmaker at $40B
Cerebras priced its IPO at a $40 billion valuation, nearly 5x what it was worth eight months ago. The AI capital boom is pulling investor attention and money away from crypto, with SpaceX and OpenAI listings still to come. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Wall Street heavyweight Cantor among investment banks pitching FalconX for its potential IPO
Crypto trading firm FalconX's CEO has previously said it is considering a public listing.

Crypto exchange Kraken freezes multibillion-dollar IPO plan due to difficult market conditions
Kraken's parent company filed a draft S-1 registration statement with the SEC in November regarding the proposed initial public offering of its common stock.

How CertiK rebuilt trust after Huione-related backlash
The cybersecurity firm has "no concrete plans" for an IPO despite reports to the contrary last month.

Crypto custody firm Copper in early talks for IPO as crypto 'plumbing' becomes new Wall Street favorite
The London-based custody provider is weighing a potential public listing, aiming to follow rival BitGo's recent IPO.

Ledger said to seek $4 billion IPO in New York, tripling 2023 valuation: FT
Ledger is working with Goldman Sachs, Jefferies and Barclays to list in New York, potentially tripling its last valuation, the Financial Times reported.

BitGo stock edges higher in NYSE debut as investors bet on the ‘plumbing’ of the crypto world
The crypto custodian priced its initial public offering at $18 per share late Wednesday.

BitGo prices IPO at $18, pitching custody growth over crypto trading swings
With recent listings underperforming the CoinDesk 20, BitGo is positioning itself as a rare pure play on institutional crypto custody and long term adoption.

Kraken-backed SPAC files for $250 million initial public offering
The SPAC will focus on cryptocurrency ecosystem businesses, expanding Kraken's presence in public markets.

