The bitcoin miner reached a market valuation of roughly $2.8 billion based on its 44.9 million shares outstanding.

  • Bitcoin miner Ionic Digital surged 26% on its Nasdaq debut following the exchange’s largest direct listing since 2021.
  • The listing gives an exit route to investors who received stock in the company following Celsius Network’s bankruptcy.
  • Ionic, which is pivoting to AI, completed a direct listing rather than an IPO and holds 2,815.6 bitcoin. It projected $195 million in revenue for the year.
  1. 1 Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions 14 hours ago
  2. 2 Crypto job postings triple to over 1,200 in September, but applications fall 14 hours ago
  3. 3 Cathie Wood says smart investors need to start watching where AI agents spend money 15 hours ago
  4. 4 Crypto's Sisyphean struggle 17 hours ago
  5. 5 BlackRock offers a glimpse of how tokenization may change your investment portfolio 17 hours ago
  6. 6 Bank group sues U.S. regulator over granting crypto trust charters 1 day ago
  7. 7 BNY in talks with Kraken parent Payward over infrastructure partnership 1 day ago
  8. 8 Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98% 1 day ago
  9. 9 Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown 1 day ago
  10. 10 America at a crossroads: Commissioner Peirce’s parting challenge 1 day ago

The Definitive Stablecoin Landscape Series: Asia Pacific

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions

Crypto job postings triple to over 1,200 in September, but applications fall

BlackRock offers a glimpse of how tokenization may change your investment portfolio

Original sourceCoinDesk

The original source remains the canonical version for attribution, rights, and later updates.

Read original ↗

Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.

← Back to latest