Crypto Exchange Safello Says Planned IPO Is Oversubscribed by 1,240%
The Swedish firm is expected to list on Nasdaq First North on May 12.
Last week saw two crypto SPACs in two days. We asked stock analysts, “Who’s next?”
Robinhood will offer IPO shares to its own users, highlighting the company's dependence on complex, high-risk bets.
Robinhood’s S-1 filings reveal its crypto arm is under fire for inadequate cybersecurity and for breaking anti-money laundering laws.
Some 34% of the trading app's cryptocurrency revenue in the first quarter was attributable to DOGE.
The goal now is to list next month ahead of the July 4 holiday weekend.