据知情人士透露，香港最大的持牌加密货币交易所运营商HashKey集团已在香港秘密提交了首次公开募 股申请。知情人士表示，HashKey最早可能瞄准在今年内上市，此次上市可能募集高达5亿美元的资 金。知情人士称，相关审议仍在进行中，包括估值和时间安排等细节可能会有所变动。HashKey的一位 代表表示，公司目前没有可披露的上市相关信息。香港于去年推出了虚拟资产监管框架，旨在巩固其作 为数字资产中心的地位。HashKey的上市将考验亚洲市场对加密货币相关资产的兴趣程度。在美国，稳 定币发行商Circle在6月份的增发中募集了近11亿美元，其股价此后已上涨385%。 ...

And let's focus on Coinbase now. Redburn upgrading shares this morning to buy with a $417 price target. More on that in just a second.But shares have been moving higher this week, up nearly 20% since Monday and 160% off April's low. This week's rally has come as Bitcoin has moved nearly 10% higher and is just 3% off its all-time high, very much within arms reach. Coinbase is the focus of the morning trade and joining us now for a closer look is Schwab network host Marley Kaden.Happy Friday to you Marley. Uh ...

Get ready for the stock to reflect that.Today, SoFi Technologies (SOFI -4.05%) is an up-and-coming bank that's growing quickly, and it's already a mid-sized bank. It has caught the attention of smart investors, and SoFi stock is up more than 450% over the past three years.However, it has grand ambitions of becoming a top-10 U.S. financial institution, and I think it can get there within the next decade. Here's how, and what it means for the stock. On the way to the topMost of the largest banks in the U.S. d ...

Core Viewpoint - IG Group is acquiring a majority stake in Independent Reserve for $72.4 million to strengthen its position in the rapidly growing cryptocurrency market in the Asia-Pacific region [1] Group 1: Acquisition Details - The initial acquisition will involve IG Group purchasing 70% of Independent Reserve, with an option to acquire the remaining 30% based on performance [1] - The total transaction value is projected to reach $117.6 million, with completion expected in early 2026 [1] Group 2: Independent Reserve Overview - Independent Reserve is one of Australia's earliest regulated cryptocurrency exchanges, supporting trading of 34 cryptocurrencies and operating in Australia and Singapore [1] - For the fiscal year ending June 2025, Independent Reserve reported revenues of $23.3 million, an 88% year-on-year increase, with a 60% growth in monthly active users and total assets under custody reaching $1.12 billion [1] Group 3: Future Expectations - IG Group anticipates that the acquisition will enhance its earnings starting from the fiscal year 2027 [1]

Group 1 - The People's Bank of China continues large-scale reverse repurchase operations, releasing medium-term liquidity with a total of 1.6 trillion yuan in operations for the month, the highest level since January [7] - The offshore RMB bond market sees a fundamental shift in issuance structure, with non-Chinese enterprises' monthly issuance surpassing 35 billion yuan, significantly exceeding the 15 billion yuan from Chinese enterprises [9] - High-quality non-Chinese issuers can save approximately 44 basis points in costs by issuing dim sum bonds and converting to USD compared to directly issuing USD bonds [9] Group 2 - The S&P 500's third-quarter earnings growth forecast has been slightly raised from 7.2% to 7.6%, primarily driven by strong prospects in the technology sector [31] - The S&P 500's revenue growth expectation for the third quarter has increased from 4.8% to 6.2%, with the technology sector leading at 13.9% growth [32] - The U.S. banking sector has accumulated unrealized losses of up to $395 billion due to rising interest rates affecting bond market values [35] Group 3 - The U.S. consumer confidence index fell to 55.4, the lowest since May, with inflation expectations rising [28] - Concerns over potential retaliatory tariffs from China have led U.S. farmers to shift large-scale planting from soybeans to corn, with corn planting area expected to reach nearly 99 million acres, the highest since 1936 [43] Group 4 - Fitch downgraded France's sovereign credit rating from AA- to A+, citing political deadlock and challenges in achieving significant fiscal consolidation [47] - S&P upgraded Spain's sovereign credit rating from A to A+, reflecting improvements in private sector deleveraging and external financial conditions [50] - Fitch upgraded Portugal's sovereign credit rating from A- to A, highlighting significant progress in reducing public debt [53] Group 5 - India's Securities and Exchange Board has introduced reforms to lower the minimum IPO equity dilution ratio for companies with a market capitalization over 5 trillion rupees from 5% to 2.5%, aiming to facilitate large companies' listings [66] - Thailand's gold exports to Cambodia surged by 19% year-on-year, raising suspicions of potential money laundering activities [69] Group 6 - Hedge funds have reduced their net long positions in WTI crude oil to a record low of 12,657 contracts, driven by multiple bearish factors including OPEC+ decisions and forecasts of severe oversupply [75]

Core Viewpoint - The IPO of Gemini Space Station Inc. was highly successful, reflecting strong investor demand for cryptocurrency-related companies, with a significant increase in share price on its debut [1][3][7]. IPO Performance - Gemini's IPO price was set at $28 per share, which was a substantial increase of at least 37% from the previously adjusted guidance range, leading to a closing price of $32, marking a 14% rise on the first day [1][5]. - The stock opened at $37.01, a 32.2% increase, and peaked at $45.89, a 63.9% rise, before closing at $32 [3]. - The IPO was oversubscribed by more than 20 times, with a final fundraising amount of $425 million, despite a lower number of shares issued than initially planned [7][8]. Financial Performance - Gemini reported a total revenue of $142.2 million in the previous year, a 45% increase, but faced a decline in revenue in the first half of the current year, with $68.6 million, down nearly 8% from $74.3 million in the same period last year [12]. - The company experienced a net loss of $282.5 million in the first half of this year, surpassing the total net loss of $159 million for the previous year [13]. - Despite financial challenges, Gemini's platform showed positive trends with a 50% increase in trading volume to $24.8 billion and a 30% growth in platform assets to $182 billion [14]. Market Context - The successful IPO of Gemini aligns with a broader trend of enthusiasm for cryptocurrency companies, with other firms like Circle and Bullish also experiencing significant stock price increases upon their IPOs [17]. - The regulatory environment under the Trump administration has created a favorable atmosphere for cryptocurrency IPOs, with recent shifts in the SEC's stance indicating increased confidence in the industry [18]. - Nasdaq's strategic investment of $50 million in Gemini highlights the growing interest of traditional financial institutions in cryptocurrency infrastructure [19]. Founders' Perspective - Winklevoss brothers, founders of Gemini, expressed optimism about Bitcoin's future, suggesting it could reach $1 million in ten years, viewing it as "Gold 2.0" with significant growth potential [15][16].

Company Overview - Gemini, a cryptocurrency exchange founded by Tyler and Cameron Winklevoss, opened for trading with a significant increase of 45%, starting at $37, which is 33% higher than its IPO price of $28 per share [1][2][3] Financial Performance - Despite the strong opening, Gemini's topline is reported to be declining, and losses have been widening in the first half of the year [2][3] Market Context - The cryptocurrency market has seen strong demand, with other companies like Circle and Bullish also experiencing substantial first-day trading performances [3] - There is a noted volatility in the market, particularly with small floats from IPOs, which can lead to significant price fluctuations [5][6] Trading Dynamics - The trading of Gemini's stock may be influenced by a rotation out of established cryptocurrency names, with new demand shifting towards Gemini [6]

财务数据显示，Gemini在2025年上半年实现交易量248亿美元，较2024年同期的166亿美元增长49.4%。 然而，公司收入却出现下滑，2025年前六个月收入为6861万美元，低于2024年同期的7432万美元。 智通财经APP获悉，周五，加密交易所Gemini Space Station(GEMI.US)登陆美股市场，开盘暴涨超 45%，报40.71美元，并触及熔断。IPO价格为28美元。Gemini成立于2014年，目前在60多个国家运营， 累计交易量超过2850亿美元，平台资产超过210亿美元，拥有150万交易用户。截至6月30日，公司持有 4002枚比特币和10444枚以太币。 ...

根据文件，温克莱沃斯兄弟在此次发行前几乎持有公司全部股份，预计在IPO之后仍将控制约94.5%的 投票权。 智通财经APP获悉，加密货币交易所Gemini Space Station Inc.(GEMI.US)将于本周五登陆纳斯达克。据 知情人士透露，这家由亿万富翁卡梅隆·温克莱沃斯(Cameron Winklevoss)和泰勒·温克莱沃斯(Tyler Winklevoss)支持的公司首次公开募股(IPO)定价为每股28美元，将通过发行约1520万股股票筹集4.25亿 美元。而根据该公司周二提交给美国证券交易委员会(SEC)的文件，其IPO定价区间为每股24-26美元， 计划发行约1670万股股票。 值得一提的是，纳斯达克交易所正大举布局加密货币领域，并通过实质性投资加快扩张步伐。文件显 示，纳斯达克已同意在IPO定价水平进行5000万美元的私募配售。此外，Gemini计划将最多10%的IPO 份额留给长期用户、管理层、员工及其亲友，并将最多30%的份额分配给通过Robinhood Markets Inc.、 SoFi Technologies Inc.和Webull Corp.等公司运营的自助投资平台参与的 ...

智通财经APP获悉，加密货币交易所Gemini Space Station Inc.(GEMI.US)将于本周五登陆美股IPO市场， 在首次亮相之前，散户交易者获得了一个罕见的机会，可对这家由亿万富翁支持的公司下大赌注。据周 二的一份最新文件显示，这家由卡梅隆·温克莱沃斯(Cameron Winklevoss)和泰勒·温克莱沃斯(Tyler Winklevoss)支持的公司计划通过Robinhood Markets(HOOD.US)、富途控股有限公司的Moomoo和微牛证 券(Webull Corp.)等在线经纪平台，将其首次公开募股中多达30%的股票分配给小投资者。 从理论上看，Gemini与支持加密货币的特朗普政府有联系，且拥有数字资产狂热者作为用户基础，对于 寻求下一个快速获利机会的散户投资者来说是一个自然的选择。今年以来，美股IPO市场上陆续登场了 设计软件公司Figma Inc.(FIG.US)和稳定币发行商Circle Internet Group Inc.(CRCL.US)，成绩皆十分亮 眼。但Gemini的巨额亏损和在加密货币交易中相对较小的份额或许会令投资者较为犹豫。 Access IPOs ...