Elon Musk could more than double his $460.6 billion fortune if SpaceX succeeds in going public at a valuation of $1.5 trillion.See how a giant listing would push the world's richest man close to trillionaire status: https://t.co/0MqgOJn9s5📷️: Stefani Reynolds/Bloomberg https://t.co/543N0VZLpK ...

Funding and Valuation - Kraken secured $200M from Citadel Securities, valuing the exchange at $20B [1] - Kraken completed a $600M raise at a $15B valuation weeks prior [1] - Total new capital raised amounts to $800M, positioning Kraken for a public listing [1][3] Strategic Initiatives - Citadel Securities plans to collaborate with Kraken on liquidity provision, risk management, and market structure analysis [2] - Kraken aims to expand its derivatives offerings, add institutional tools, grow staking products, and introduce new payment services [4] - Kraken is expanding into Latin America, Asia-Pacific, and EMEA [3] - Kraken is targeting a public listing in 2026 and is reportedly working with Morgan Stanley and Goldman Sachs [3] Business Growth - Kraken generated $1.5B in revenue last year and surpassed that figure by Q3 2025 [2] - Kraken built a vertically integrated stack covering custody, clearing, settlement, and wallets [3] - Kraken acquired NinjaTrader to enter U S futures, rolled out tokenized equities, and launched KRAK, a global app for payments and trading [4]

🚨JUST IN: LEDGER IS REPORTEDLY EXPLORING A NEW YORK PUBLIC LISTING AFTER ITS BEST YEAR SINCE LAUNCH — FINANCIAL TIMES ...

Kraken is in advanced talks to raise new funding that could value the crypto exchange at about $20 billion, as the company steps up capital-raising efforts ahead of a potential public listing https://t.co/W7d2Y3g75N ...

Xiaohongshu is on track to triple its profit to $3 billion this year, making progress with commercialization on the way to a potential public listing https://t.co/OAgbGSUvm6 ...

Group 1 - SKEL has signed purchase agreements for the acquisition of 153.9 million shares in Styrkás hf., representing over 15.4% of the company's issued share capital, at a total price of ISK 3,150 million, or ISK 20.47 per share [1] - The purchase price reflects the book value of SKEL's stake in Styrkás as of December 31, 2024, and the agreements are subject to customary conditions expected to be finalized next week [1] - Following the transaction, Styrkás will have 19 shareholders, with SKEL being the largest at 47.9%, and SÁ Horn holding 39.2% [4] Group 2 - Styrkás operates in the service sector, with subsidiaries in energy and chemicals, equipment and machinery, and asset management [2] - The buyers of the shares include prominent institutional investors such as VÍS tryggingar hf., Íslandssjóðir, and Birta lífeyrissjóður, among others [3] - The proceeds from the sale will be utilized to reduce SKEL's debt and strengthen its equity position, aligning with SKEL's goal of bringing cornerstone investors into Styrkás ahead of a public listing [5] Group 3 - The CEO of SKEL highlighted the significance of additional institutional investors joining Styrkás's shareholder group, emphasizing the effort to broaden the shareholder base and the potential for Styrkás to become a leading service provider in Iceland [6]