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SPAC
Stablecoin Issuer Circle Cancels Plan to Go Public
The firm ends SPAC deal under which it would have become a listed company.

Fintech Firm Qenta to Go Public Through SPAC Merger
The startup tracks the origins and ownership of precious metals with blockchain technology.

Crypto Miner Bitdeer May Extend IPO Deadline by 1 Year
Jihan Wu's cloud-mining firm may not go public till December 2023.

Crypto Exchange Coincheck Plans to List on Nasdaq in July 2023
The company's SPAC merger was first slated for March of this year and was valued at the time at around $1.25 billion

Crypto Marketplace WonderFi Files for Nasdaq Listing; ATM Operator Bitcoin Depot Plans to Go Public Via SPAC
Kevin O’Leary-backed crypto marketplace WonderFi applied to list on Nasdaq. Bitcoin Depot, the world’s largest operator of crypto ATMs, also is gearing up to go public through a $885 million SPAC deal with GSR II Meteora. “The Hash” panel weighs in on the latest crypto stock developments.

Binance Labs Raises $500M Fund for Web 3 Investments
Binance Labs, the venture capital arm of crypto exchange Binance, has raised $500 million for a fund investing in Web 3 and blockchain companies. This comes as Forbes confirmed it’s no longer going public via SPAC after Binance invested $200 million in the publisher earlier this year.

Metaverse Firm Infinite Reality to Buy Esports Company ReKT for $470M in Stock
ReKT is known for its ownership of the successful esports teams Team Rogue and the London Royal Ravens.

Binance Takes $200M Stake in Forbes: What to Know
Digital publisher Forbes and Magnum Opus Acquisition Ltd. received a $200 million investment from crypto exchange Binance. This comes as Forbes is looking to list on the New York Stock Exchange (NYSE) as part of a SPAC merger with Magnum Opus.

eToro Expands US Offerings to Include Stocks, ETFs
eToro is increasing its U.S. investment offerings to include stocks and ETFs. The Israel-based financial services firm also expects to go public through a SPAC merger with Fintech Acquisition Corp. V in June. Guy Hirsch, managing director of eToro USA, shares insights into the expansion and forthcoming IPO. Plus, crypto market predictions for 2022.

Bakkt to Go Public Next Month After SEC OKs SPAC Plans
VIH shareholders will meet next month to approve the merger.
