Dubai-based Global Millennial Capital closes a $100M IPO Opportunities Fund to back overlooked AI and DeFi mid-cap tech names one to three years before exit. According to the PR Newswire announcement, Global Millennial Capital has completed a final close of $100 million for its IPO Opportunities Fund, which will focus on pre-IPO and pre-exit allocations
According to OpenTrade, stablecoins have evolved into essential, everyday tools that protect purchasing power, facilitate, secure, and instant remittances, and provide a digital safe-haven for savings in Latin America. The firm explained that, amid continued financial instability and inflationary pressures, the assets have become a preferred method for everyday and cross-border transactions. At the moment,
Bitcoin pushed higher Tuesday, climbing to $81,500 to its strongest level since January as the latest leg of the rally spread beyond major tokens into tokenization-focused plays. The largest cryptocurrency rose another 2% over the past 24 hours and is now up more than 35% from its early February lows. Ether (ETH), $XRP ($XRP) and
The global financial landscape is currently navigating a complex web of challenges. With ongoing geopolitical tensions in the Middle East and stubborn inflation casting a shadow over traditional markets, you might be wondering how to protect your portfolio. When stock markets experience sudden and sharp swings, the search for stability often leads investors back to
Nasdaq reached a new all-time high near 27,960 after one of its sharpest short-term rallies in recent years. Ash Crypto reported on X that the index has climbed 22.6% in five weeks and added more than $6 trillion in market value. The move kept attention on technology stocks as traders tracked momentum, earnings strength, and
A convicted crypto fraud case in the United States is back in focus after new estimates valued Sam Bankman-Fried’s former venture portfolio at nearly $100 billion. The figures point to early investments linked to FTX and Alameda Research that spread across major tech and crypto companies before the exchange collapsed in 2022. A Forbes report
Figure Technology Solutions (FIGR), the blockchain firm helmed by former SoFi CEO Mike Cagney, is planning on taking on Fannie Mae and Freddie Mac in first-lien mortgages. Speaking at Consensus Miami, Cagney cited origination costs of $1,000 on the firm’s blockchain platform against $11,000 through the GSEs, the federally chartered firms that buy mortgages from
Bitcoin ($BTC) has climbed above $80,000 for the first time in a long while, and it is predicted that the markets could experience movement in either direction. While investors are opting for caution, Coinshares has released its cryptocurrency report, stating that there were $117.8 million in inflows last week. “Cryptocurrency investment products saw inflows of
Shares of Figure Technology Solutions have risen nearly 10% over the past month, but the stock still appears undervalued as the company pivots beyond its roots as a fintech lender, according to Bernstein. In a Tuesday research note, the firm reiterated its “Outperform” rating on Figure (FIGR), with a $67 price target, implying roughly 67%