Public Keys from Decrypt tracks publicly traded crypto companies. Gemini hit a $4.4 billion valuation on its Nasdaq debut, with shares at $34. Drama between founders and CFTC nominee Quintenz unfolded. Gemini settled a $5 million lawsuit in January but filed a complaint in June against the CFTC.
Figure, a crypto lender, saw shares jump 24% on its Nasdaq debut with a $5.3 billion valuation. Nasdaq has expressed interest in allowing tokenized stocks to trade. Coinbase claims the SEC destroyed documents from the Gensler era, demanding court sanctions.
GameStop’s digital asset treasury noted its Bitcoin holdings increased to $528 million. Japanese Bitcoin treasury Metaplanet aims to raise $1.45 billion for more BTC purchases due to national debt and negative interest rates.
Read more at Yahoo Finance: Crypto IPOs Sizzle, Missing Gensler Texts Grizzle
