Cryptocurrency exchange Blockchain.com is interviewing banks for a potential initial public offering as early as this year, according to a report from Bloomberg. The public listing could be pushed off to next year and the company’s plans could change, Bloomberg reported, citing multiple people familiar with the matter. The London-based crypto exchange was last valued at $14 billion after...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals.
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