Goldman Sachs

Goldman Sachs to Acquire Innovator in $2 Billion ETF Deal

Goldman Sachs will buy active ETF provider Innovator Capital Management in a cash-and-stock transaction valued at about $2 billion, the firm announced Monday. The move bolsters Goldman’s push into the fast-growing ETF sector and expands its product and distribution capabilities.

Gemini Raises IPO Price Range Amid Renewed Investor Interest in Crypto – cover image
Gemini Raises IPO Price Range Amid Renewed Investor Interest in Crypto

Gemini, founded by the Winklevoss twins, has raised its IPO price range to $24-$26 per share aiming for a valuation of up to $3.08 billion. Scheduled to list on Nasdaq with ticker GEMI, the offering includes 16.67 million shares to raise $433.3 million. Goldman Sachs and Citigroup lead the IPO, with Nasdaq committing $50 million in private placement shares.