Circle Mulls Hong Kong Expansion Ahead of IPO Push
Circle is entering the Hong Kong market to drive the adoption of USDC among retail and institutional investors.
Business News
Explore the latest business news about high-profile deals, world’s biggest investors, key initial public offerings (IPOs), ambitious startups and more
Institutional Bet on Post-Election Bitcoin Rally Sets Onchain Options Trading Record
As the US presidential election nears, a record-setting $25 million Bitcoin options trade on Derive highlights growing institutional bets on a post-election Bitcoin rally.
Fold Prepares for Public Debut, Bitcoin Acquisition Ahead
Fold is set to go public following a merger with FTAC Emerald, with potential stockholder gains reaching $419.75 million depending on Bitcoin’s value.
Bithumb Reportedly Plans Nasdaq Listing amid US Expansion Strategy
By
Chimamanda U. Martha
• 3 mins read
Bithumb eyes US expansion through a potential listing on the country’s stock exchange Nasdaq in 2025.
Crypto Infrastructure Firm Blockdaemon Mulls IPO in Hong Kong
By
Chimamanda U. Martha
• 3 mins read
Blockdaemon entered the crypto scene in 2017 and has since then established itself as a leading infrastructure provider, offering products such as node deployment, staking, and API access to businesses across the space.
Animoca Brands Chairman Says Timeline for IPO Depends on Market’s Status
By
Tolu Ajiboye
• 3 mins read
Animoca plans for a public listing but has not decided on a location or a timeline, with Siu citing market status as a deciding factor.
WLFI Token Tanks 96% as Trump Unveils World Financial Liberty Project
By
Bhushan Akolkar
• 3 mins read
World Liberty Financial will sell non-transferrable WLFI tokens, which “are pure governance tokens, only providing the right to make proposals and vote on matters related to the platform.”
Hong Kong Set to Release AI Policies for Finance Sector in October
By
Bena Ilyas
• 2 mins read
Hong Kong aims to stay ahead in fintech by issuing AI guidelines, seeking both innovation and stability.
ARK Invest Acquires $8.4M Worth of Coinbase Shares after One Month of Dormancy
By
Godfrey Benjamin
• 3 mins read
Since this year began, ARK Invest has initiated multiple offloads of COIN shares. Right before it presented ìs Q2 earnings reports, the company offloaded 12,077 Coinbase shares worth $2.7 million.
Samsung Next Invests in Sony’s Partner Startale Labs to Push Web3 Growth
By
Bhushan Akolkar
• 2 mins read
Samsung Next will be part of the Soneium Spark Incubation Program by Startale Labs and support a community of creators and builders poised to shape the future of Web3.
Telegram’s Potential IPO Stalled as Its CEO Pavel Durov Faces Legal Troubles in France
By
Chimamanda U. Martha
• 3 mins read
Despite its massive user base, Telegram has yet to break even, raising concerns about its long-term viability.
Celsius Creditors Explore Liquidation of Ionic Digital as It Faces Delays in Public Listing
By
Temitope Olatunji
• 3 mins read
Creditors of Ionic Digital, a crypto mining firm linked to Celsius, are considering liquidating the company due to delays in its public listing plans.
Crypto Startups Raised More Money but Show Slowdown in Q2 2024
By
Bhushan Akolkar
• 3 mins read
VCs believe that there’s a growing fatigue in infrastructure investment and thus they are putting greater focus on opportunities in crypto applications.
CoinShares Reports £22.5M Revenue in Q2 2024, Up 110% YoY Fueled by Notable Crypto Rise
By
Steve Muchoki
• 3 mins read
CoinShares has expanded its crypto operations from the European market to the United States through the recent acquisition of Valkyrie’s spot Bitcoin ETF.
Cathie Wood’s ARK Invest Offloads ARKB and COIN Holdings
By
Godfrey Benjamin
• 3 mins read
Meanwhile, Coinbase recently released its Q2 2024 earnings report, surprising many market observers with its performance.
Business News Today
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The primary goal of every business is to make a profit. Making profit involves various economic and commercial activities such as operations, investments, financing, etc.
For the most part, a business starts with a business idea (the thought) and a name. Subject to the idea of the business, broad statistical surveying might be important to decide if transforming the thought into a business is plausible, and if the business can convey an incentive to customers. The business name can be one of the most significant resources of a firm; cautious thought should, in this manner, be given while picking a business name. Organizations working under invented names are usually enlisted with the regulatory bodies. The ownership of a business can either be in a sole proprietorship or a form of partnership among shareholders, although most of the top firms in the world today are jointly owned.
Most organizations are usually based on the structure of a strategy for continuous growth and expansion, which is a conventional record itemizing a business’ objectives and targets, and its systems of how it will accomplish the objectives and destinations. Marketable strategies are practically fundamental when getting capital to start business activities.
It is equally essential to decide on the legal framework of a business. Based on the nature of a business, there might be need to obtain suitable grants, stick to staffing prerequisites, and get licenses to lawfully work. In numerous nations, business firms are viewed as a juridical entity, this implies that they can possess property, procure debt, and be charged in the court of law.
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