Related News

‘Big Short’ investor Michael Burry denies shorting Tesla stock

Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York City on Nov. 23, 2015. Jim Spellman | WireImage | Getty Images

IISc’s new molecular tech mimics brain functions

BENGALURU: Scientists from Indian Institute of Science (IISc) reported an advance in the long quest to move electronics beyond silicon, by creating molecular-scale devices that can adapt their behaviour and

We asked a humanoid robot if there’s an AI bubble. Here’s what it said.

The big AI bubble question has been the tech industry’s buzziest debate all year, and one robot has weighed in with its opinion. KOID is a short but slender humanoid

CBS News special: “Man on the Moon”

On the 50th anniversary, two legends tell the story of the momentous 1969 moon walk: Apollo 11 commander Neil Armstrong and “CBS Evening News” anchor Walter Cronkite — the man

Softbank has fully funded $40 billion investment in OpenAI, sources tell CNBC

Softbank has completed its $40 billion investment commitment to OpenAI, sources told CNBC’s David Faber. The Japanese investment giant sent over a final $22 billion to $22.5 billion investment last

When is the next full moon in 2026: Full Moon dates and timings |

Some questions arrive quietly. When is the next full Moon 2026 is one of them. It usually turns up while scanning a calendar or noticing the moon hanging a little

Kraken confidentially files for IPO following $800 million raise

Word Count: 200 | Estimated Reading Time: 1 minute

Kraken is one of the world’s largest crypto exchanges.

Tiffany Hagler-Geard | Bloomberg via Getty Images

Kraken confidentially filed to go public in the U.S., a person familiar with the matter told CNBC on Wednesday.

A Kraken spokesperson declined to comment on the timing of its plans.

Kraken is the latest crypto company to attempt to tap the public market since President Donald Trump came back to the White House. Crypto trading platforms Bullish and Gemini Space Station listed their shares on major stock exchanges in August and September, respectively. And in June, stablecoin issuer Circle raised just north of $1 billion in its blockbuster IPO.

The boom in crypto-linked listings comes as IPOs have seen a resurgence in the U.S. this year.

Founded in 2011, Kraken is a U.S.-based platform that facilitates the trading of digital assets like bitcoin and ether. It also offers tokenized equities trading to clients in the European Union.

Kraken recently raised $800 million at a $20 billion valuation, including $200 million from Citadel Securities, the company said Tuesday in a statement. The firm plans to use those funds to expand its footprint in foreign markets, in addition to building out its payment services.

Source link