October 20th, 2025
SEC Crypto News - Page 116
Virtual Kitchen Raises $20 Million in New Funding Round
By Godfrey Benjamin
September 9th, 2020
The funding round of Virtual Kitchen was led by Keith Rabois and it comes just over a year after a $15.3 million round led by Andreessen Horowitz and Base10 Partners.
Tesla Largest Outside Shareholder Baillie Gifford Sells Approximately 19.23 Million Shares to Meet Internal Guidelines
By Steve Muchoki
September 3rd, 2020
Through a filing to the SEC, Baillie Gifford & Co. disclosed that it has sold 19.23M of Tesla (TSLA) shares to meet the company’s internal guidelines. Tesla shares dropped by nearly 5% yesterday and lost another 2% after hours.
Coinbase Welcomes FinTech Veterans Marc Andreessen and Gokul Rajaram as Board Members
By Bhushan Akolkar
September 1st, 2020
Both Marc and Gokul have worked in the cryptocurrency and FinTech industries for a long period and will bring tremendous experience to the Coinbase board. It is expected that the two new board members will help the company steer ahead its IPO plans.
Blockchain Technology Is Revolutionizing Real Estate Market: Realio Review
By Julia Sakovich
August 28th, 2020
With RealioX, Realio distinguishes itself from existing issuance platforms by developing a decentralized exchange that has a failsafe, 24/7 availability.
SpaceX to Help Launch Masten’s First Lander to the Moon in 2022
By Godfrey Benjamin
August 27th, 2020
Earlier in August, SpaceX revealed in its SEC filing that it had raised $1.9 billion in what appears to be the company’s biggest fundraising in its 18 years of existence, bringing the firm’s total valuation to $49 billion.
SEC Eases Qualifications for Accredited Investors Access to Investment in Private Companies
By Tolu Ajiboye
August 27th, 2020
The SEC did not reveal the number of additional investors that the new amendment covers. However, it said it will target people with knowledge about private offerings.
LINE Debuts Blockchain Development Platform and BITMAX Wallet
By Godfrey Benjamin
August 27th, 2020
Through the LINE Blockchain Developers platform, companies and specialists will be able to create their own tokens, ensure transparent transactions in their operations, as well as monetize data.
Fidelity Launches New Bitcoin Index Fund for Institutional Investors
By Bhushan Akolkar
August 27th, 2020
Fidelity aims to foray deep into the crypto market as the company files for a new Bitcoin-only fund for accredited and institutional players. The investment giant also published a survey showing rising institutional participation in the crypto market.
Blank-Check Company Backed by Paul Ryan Files for $300 Million IPO
By Tolu Ajiboye
August 25th, 2020
Paul Ryan will become the chairman of ENPC’s board after its IPO. The company is going to raise $300 million at the offering.
Asana Files for Direct Listing, It Is to Join New York Stock Exchange
By Teuta Franjkovic
August 25th, 2020
Work management platform Asana has filed for a direct listing on the NYSE. Meanwhile, the company’s FY20 revenue was $142.6M, up to 86% Y/Y. The net loss was $118.6M, up from the prior year’s $50.9M.
Epic Games Rival Unity Software Files for IPO on NYSE
By Tolu Ajiboye
August 25th, 2020
Unity is one of the top software companies in the world. In the SEC filing for an IPO, the company estimated that more than half of the top mobile games on the Apple App Store and Google’s Play Store in 2019 were built with Unity.
World’s Largest Hospitality Company Airbnb Confidentially Files for IPO
By Darya Rudz
August 20th, 2020
Airbnb’s decision to go public comes at a time when U.S. capital markets are in the middle of a stunning recovery. Many believe that 2020 is one of the best years for public market debuts in decades.
SpaceX Raises $1.9 Billion in Its Biggest Funding Round to Date
By Darya Rudz
August 19th, 2020
The funding comes at a time when SpaceX focuses on building out its Starlink satellite constellation to offer broadband internet commercially by the end of 2020.
iQIYI (IQ) Shares Drop 18% Following Fraud Investigation by SEC
By Godfrey Benjamin
August 14th, 2020
The shares of iQIYI plummeted on Thursday and the after-hours trading following a fraud investigation by the SEC into the Baidu-backed firm.
BigCommerce Increases IPO Price Range to $21-23 per Share, Plans to Raise Nearly $200 Million
By Tolu Ajiboye
August 4th, 2020
BigCommerce hopes to raise almost $200 million from its IPO, announcing a new price range that will be between $21 and $23 per share.