SoftBank-backed PayPay is preparing a Nasdaq listing and aims to raise about $1.1 billion while pursuing a valuation above $10 billion. The payments firm’s roughly 40% stake in Binance Japan underscores its crypto-linked footprint.
Robinhood is reportedly preparing a $1 billion IPO for a closed-end fund that would let everyday investors access private-market assets. The move aims to widen alternative-asset exposure for retail clients but raises questions about liquidity, fees, and valuation transparency.
Gemini announced the immediate departures of COO Marshall Beard, CFO Dan Chen and top lawyer Tyler Meade, triggering a selloff months after the firm's IPO. Co-founder Cameron Winklevoss will assume COO duties while the board appoints interim finance and legal chiefs.
South Korea’s KBank has submitted 13 trademark applications tied to stablecoin wallet services as it steps up its digital asset push ahead of a planned KOSPI listing in March 2026. The move signals product and branding preparation rather than an immediate launch.
Coinbase CEO Brian Armstrong said fully on-chain IPOs could eventually replace traditional public offerings, lowering costs and opening access. He argued the shift would reduce friction and broaden participation.
Ledger is reportedly preparing for a possible U.S. IPO that could value the hardware wallet maker at over $4 billion, people familiar with the matter said. The potential offering comes as crypto firms rush to public markets after a string of recent listings.
Changpeng Zhao’s YZi Labs confirmed it participated as a strategic investor in BitGo’s IPO as the digital asset custodian debuted strongly on the NYSE, the firm said in an official announcement.
BitGo Holdings set its IPO price at $18 per share, topping the previously marketed range, Bloomberg reported. The pricing suggests stronger-than-expected demand for crypto custody infrastructure from investors.
BitGo has relocated its headquarters from Palo Alto to South Dakota as it prepares for an IPO aimed at a $2 billion valuation. The shift reflects a strategic move into a more business- and tax-friendly jurisdiction while the custody firm positions for public markets.