Transaction URL: https://blockchain.com/btc/tx/770683890074236398a5cc33509c5699ac1ed0e9dcc88994811435862e4a93d9
- Crunch
- Global
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.
Trading platform eToro filed for an IPO yesterday, amid expectations that more crypto-related businesses will list on exchanges in the coming months.
The company’s filing with the SEC comes after eToro in September paid $1.5 million to the regulator to settle charges that it was operating as an unregistered broker (in connection with its crypto trading platform). What a difference a few months makes.
It also comes as crypto exchange Kraken is reportedly looking to raise $1 billion in debt before a possible IPO, unnamed sources told Bloomberg News.
eToro reported 23 million…
Read more on Blockworks
GameStop Corp. (NYSE: GME) announced that its board of directors has unanimously approved an update to the company’s investment policy, allowing Bitcoin to be held as a treasury reserve asset. The decision follows a series of engagements between GameStop Chairman and CEO Ryan Cohen and prominent figures like Michael Saylor in the Bitcoin industry.
On February 8, Cohen met with Strategy Chairman and well-known Bitcoin advocate Michael Saylor, sparking speculation that GameStop may be adding BTC to its balance sheet. A couple weeks after, Cohen responded to CoinDesk via a tweet stating “Letter received.” after receiving a letter from Strive Asset Management CEO Matt Cole,…
Read more on BitcoinMagazine