3iQ, the Canadian digital asset investment manager, has planned to launch The Ether Fund, an IPO of an Ethereum exchange-traded trust, on the Toronto Stock Exchange (TSX) under the ticker QETH.U. It has been reported that the maximum offering for the launch is $100 million, and the closing date of the offering will be no later than December 10, 2020. However, 3iQ counts more than $400 million CAD under management and maintains a focus on Bitcoin, Litecoin, and Ethereum. 3iQ n

Stax, the Australian crypto-friendly capital-raising platform, has announced that its client West Coast Aquaculture Group (WCA) will be conducting the country’s first initial public offering that accepts a virtual currency as payment. It has been reported that investors participating in WCA’s offering can purchase equity in the company using Tether (USDT) or Australian dollars. USDT was chosen over Bitcoin (BTC) and Ether (ETH) due to its price stability. Kenny Lee, the CEO o

Paulo Guedes, Brazil’s Minister of Economy, said that Brazil is about to join the Organization for Economic Cooperation and Development (OECD) and the Brazilian government has plans to launch a public offering of shares (IPO) for the newly-created digital bank of Caixa Econômica Federal. It has been reported that Caixa Econômica Federal created a digital bank during the pandemic to help the government send financial aid to around 64 million Brazilians. However, Guedes’ commen

INX, a Gibraltar-based cryptocurrency exchange, is now accepting major cryptocurrencies as part of its initial public offering, as the company hopes to raise $117 million from both retail and institutional investors. It has been reported that from today, the company has planned to accept payments in Bitcoin (BTC), Ether (ETH), and USD Coin (USDC). However, the firm’s representatives said that INX raised $7.5 million by September 10 since launching the IPO. According to the re

INX, a Gibraltar-based cryptocurrency exchange, will run the first SEC-registered security token offering (STO) in its initial public offering (IPO). It has been reported that the exchange aims to sell 130 million tokens at $0.90 netting up to $111 million after expenses according to its latest filing with the SEC. However, this will be the first security token offering that is registered with the SEC, allowing everyday investors to legally participate in it. STO’s have typic

Major South Korean cryptocurrency exchange Bithumb is planning to hold an initial public offering (IPO) in South Korea. On June 24, MoneyToday reported that Bithumb Korea, the trading platform’s operator, has begun preparing for a stock market launch, tapping Samsung Securities as its underwriter. [단독] 빗썸, '가상통화도 과세' 정부 방침에 IPO 추진https://t.co/vmVzT9crk0 — 머니투데이 (@moneytodaynews) June 24, 2020 Bithumb is reportedly facing a number of potential obstacles (recent crypto taxatio

Nasdaq is going to introduce new restrictions on initial public offerings, or IPOs, to prevent smaller Chinese companies from getting listed. On May Reuters reported citing anonymous sources claiming Chinese IPO seekers tend to lack accounting transparency and have “close ties to powerful insiders.” Exclusive: Nasdaq is set to unveil new restrictions on IPOs, a move that will make it harder for some Chinese companies to debut on its stock exchange, sources said https://t.co/O

OneConnect, fintech arm of Chinese insurance giant- Ping An, has updated its filing for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). A Dec. 2 F-1 filing stated that the firm is looking to sell $500 million worth of shares in its IPO. The recent filing states: “We expect that we will receive net proceeds of approximately US$438.2 million from this offering, or approximately US$504.6 million if the underwriters exercise their

Chinese crypto mining giant Canaan Creative plans to list as a publicly traded company in the United States in November 2019, according to an unconfirmed report. Oct 8. 8BTC reported the unconfirmed news citing several sources. Canaan Creative declined to comment on the matter to the Chinese crypto outlet 8BTC while the news was published. $200 Million Initial Public Offerings (IPO) Request A $200 million initial public offering (IPO) request was filed by Canaan Creative with