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Streamex Corp. (STEX) Shareholder/Analyst Call Transcript
Seeking Alpha· 2025-12-16 19:09
Company Overview - Streamex Corp. is listed on NASDAQ under the ticker STEX and is co-founded by Henry McPhie and Morgan Lekstrom [1][2] - Henry McPhie has a background in mining engineering and has previously founded companies in the crypto and blockchain sectors, including Lynx Web 3 Solutions and a successful Solana-based digital art project [2] Leadership Team - Mitch Williams serves as the Chief Investment Officer (CIO) of Streamex, with prior experience as a fintech analyst at Credit Suisse and as the sole Portfolio Manager at OppenheimerFunds Flagship Value Fund [3] - Mitch also held the position of Senior Managing Director and Global Head of Public Markets at Wafra Inc. [3] Presentation Highlights - The presentation will cover recent company milestones and key growth highlights, with a focus on future plans for 2026 [3] - Participants are encouraged to submit questions during the presentation, which will be addressed afterward [4]
Ripple raises $500M at $40B valuation
Yahoo Finance· 2025-11-05 18:00
Core Insights - Ripple has secured a $500 million strategic investment at a $40 billion valuation, indicating strong institutional confidence in its expansion plans beyond payments into custody, stablecoins, prime brokerage, and treasury management [1][2] Investment and Valuation - The investment was led by prominent funds including Fortress Investment Group, Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace [1] - This follows Ripple's earlier $1 billion tender offer, reinforcing the positive outlook from institutional investors [1] Business Growth and Strategy - CEO Brad Garlinghouse emphasized that this investment validates the market opportunity Ripple is pursuing as it aims to become a full-service partner for institutions utilizing crypto and blockchain [2] - Ripple has repurchased over 25% of its shares in recent years to enhance liquidity for shareholders and employees [3] Market Activity and Product Development - The Ripple Payments platform, utilizing XRP and Ripple USD, has processed over $95 billion in transaction volume [3] - Recent acquisitions, including stablecoin infrastructure firm Rail and prime brokerage platform Hidden Road (now Ripple Prime), demonstrate Ripple's commitment to scaling real-world utility [4] - The market cap of RLUSD has surpassed $1 billion, with increasing institutional adoption of XRP-based products [4]
Cathie Wood buys $12 million of Peter Thiel backed crypto stock
Yahoo Finance· 2025-11-04 14:27
Core Insights - Cathie Wood's Ark Invest has increased its stake in Bullish Holdings, acquiring over $12 million worth of shares across three ETFs while reducing positions in Palantir Technologies and Roku Inc. [1][2] Company Overview - Bullish Holdings (NYSE: BLSH) operates a hybrid crypto trading platform for institutions and is backed by PayPal co-founder Peter Thiel [2][4] - The company went public in August 2025, raising approximately $1.1 billion and initially trading at around $37 per share, later peaking at $90 [4] Financial Performance - As of November 3, 2025, Bullish's market capitalization stands at $7.35 billion, with shares trading between $47.88 and $118.00 during its first year [3][4] - Bullish will report its third-quarter earnings on November 19, 2025 [4] Ark Invest Holdings - Bullish ranks 38th among Ark Invest's total holdings, with an estimated position of $131.3 million, representing 0.84% of Ark's overall portfolio [5] - Ark Invest's crypto-related positions include significant investments in Coinbase ($680.2 million), Robinhood ($592.9 million), and other crypto-related assets [6][7]
Gemini Space Station: Serious Concerns About This Offering
Seeking Alpha· 2025-09-15 12:00
Group 1 - Gemini Space Station (NASDAQ: GEMI) experienced a significant opening day gain, driven by high demand in the crypto and blockchain sectors, which are currently among the most sought-after investment themes, second only to AI [1] - The investing group "Value In Corporate Events" focuses on providing members with opportunities related to IPOs, mergers & acquisitions, earnings reports, and corporate capital allocation changes, covering approximately 10 major events monthly to identify optimal investment opportunities [2] - The article emphasizes the importance of staying informed about major corporate events to capitalize on potential investment opportunities [2]