Marvell hires Adobe CFO Dan Durn as Wall Street pivots toward chipmakers

A Deribit Insights discussion argues that ETFs and institutional derivatives activity have changed Bitcoin’s market structure.

SpaceX's IPO success highlights market appetite for space ventures, but raises concerns over governance and potential post-IPO volatility. The post SpaceX IPO sparks Wall Street frenzy, makes Elon Musk first trillionaire appeared first on Crypto Briefing.

Digital Asset’s $355M raise, led by a16z crypto, puts Canton and CC on institutional rails as 700+ participants lean in. Here’s what to watch and the risks.

The shares began trading at well above the expected $135 price.

SK Hynix's Nasdaq listing could reshape global semiconductor investment dynamics, intensifying competition and influencing AI tech advancements. The post SK Hynix picks Nasdaq for US listing as AI chip demand sends its market cap past $1 trillion appeared first on Crypto Briefing.

SpaceX’s trading debut is expected to smash records. Wall Street is watching to see what else it disrupts.

IPO for Elon Musk’s company comes in what is predicted to be a banner year for public offerings of AI companies SpaceX will become publicly traded on Friday after nearly two and a half decades as a private company. Executives are slated to ring the bell on Wall Street with the rocket ship maker’s historic stock market debut. If all goes to plan, the company’s initial public offering (IPO) will mint a valuation of $1.77tn – earning it the designation of the world’s largest ever IPO. Elon Musk, the founder and CEO of SpaceX, has a large stake in the company as majority shareholder, so if investors’ enthusiasm validates the eye-popping valuation, he would take the title of the world’s first-ever trillionaire. Musk is also the CEO of Tesla, which is valued at $1.2tn. Continue reading...

The SpaceX IPO has proven the billionaire’s adeptness at bending Wall Street to his will