Supply-Chain Tech Provider Project44 Delays Potential Public Offering
Supply-chain technology provider project44 has postponed plans for a possible public stock offering amid the uncertainty in markets, and instead is turning…
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asset management
Fidelity’s Crypto-Focused Business Plans Tech Hiring Spree
A Fidelity Investments subsidiary, launched a few years ago to let institutional investors store and trade bitcoin, plans to double…
DigitalBridge, IFM Buying Data Center Company Switch for $11 Billion
The transaction to acquire Switch for…
WSJ News Exclusive | Fintech Startup Checkout.com Scores $40 Billion Valuation in Latest Share Sale
Checkout.com didn’t raise money from outside investors until 2019. Today, it is one of the most valuable startups in the world.…
Reddit Files Confidentially for IPO
Reddit Inc. said it has confidentially filed paperwork with the U.S. Securities and Exchange Commission for an initial public offering, an announcement that…
Cvent Goes Public After Retooling for Era of Virtual Events
Cvent Holding Corp.
on Thursday began trading on Nasdaq following a digital makeover aimed at retooling…
ADM Buys Stake in Startup Farmers Business Network
Archer Daniels Midland Co.
invested in Farmers Business Network and announced a partnership with the…
Money Managers Race to Launch First U.S. Bitcoin ETF After SEC Signal
Asset managers are jockeying to create the first U.S. bitcoin exchange-traded fund after a top securities regulator signaled a path to approval.…
Reddit Valuation Soars to $10 Billion in New Funding Round
Six months after closing a funding round that doubled its valuation, Reddit Inc. is locking in a roughly 50% increase, driven by money managers…
Crypto Exchange FTX Valued at $18 Billion in Funding Round
FTX raised $900 million in a new funding round that closed Tuesday. Participants in the round included Japanese technology investor…