SPAC


Videos

eToro’s Crypto Trading Commissions Soar to $264M in Q2

Israeli-based exchange eToro said its commissions from crypto trading increased by nearly 23 times in the second quarter, compared with last year's same period. This comes as it readies going public via a merger with special purpose acquisition company (SPAC) FinTech Acquisition Corp. V., which values the combined company at $10.4 billion. CEO Yoni Assia shares insights into the trading platform's earnings, growth, and plans.

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Markets

NFT Platform Hodl Buys Crypto-Commerce Firm CoinLinked

HODL Assets is moving forward in its efforts to secure funding to fuel expansion of its operations.

Shaking hands

Videos

NFT-Focused Topps Abandons Plan to Go Public in SPAC Merger

Legacy trading card company Topps has pulled out of its plan to go public via a merger with a special purpose acquisition company (SPAC) following the loss of its exclusive deal to make baseball cards as non-fungible tokens (NFTs) in partnership with Major League Baseball (MLB) and the MLB Players Association (MLBPA).

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Finance

NFT-Focused Topps Abandons Plan to Go Public in SPAC Merger

The longtime trading card company pulled out of its deal following the loss of its exclusive contract to make cards for Major League Baseball.

A promo image for Topps' MLB NFT play.

Markets

Core Scientific Plans to Go Public in SPAC Deal

The company will be valued at $4.3 billion.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Markets

Market Wrap: Bitcoin Holds Above $30K but Price Chart Looks 'Ugly'

Also, Circle might be an attractive "starter stock for the cautious" when it goes public, according to one analyst.

bitcoin price

Markets

SoftBank to Invest $75M in Peter Thiel-Backed Crypto Exchange Bullish

The Block.one subsidiary is set to go public via a SPAC merger this year.

PayPal co-founder Peter Thiel.

Videos

Crypto Exchange 'Bullish' Set for Public Listing via $9B SPAC Deal

Crypto exchange Bullish, launched by Block One, is going public in a SPAC deal with Far Peak Acquisition, led by former New York Stock Exchange President Thomas Farley. "The Hash" hosts discuss Bullish going public and the company's outlook.

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Finance

Bullish Set for Public Listing Through $9B Merger With Ex-NYSE President's SPAC

The deal is expected to be completed by the end of 2021.

Bull, bullish

Videos

USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal

Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal that values the firm at $4.5 billion. “This deal matters because it’s a continuation of crypto companies making good, going public, and infiltrating the traditional world,” host Adam B. Levine said.

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