Goldman Sachs threw its weight behind a proposal by the New York Stock Exchange to allow companies to go public via a direct listing while also raising money, a change that would make direct listings more appealing than they are now. But it’s not clear if there’s any will on the part of regulators to move quickly on the matter. Goldman Sachs “fully” supports the NYSE’s proposal, which would...
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MoonPay CEO, Other Executives Cashed Out Before Crypto Business Dropped
In November 2021, just as crypto prices were hitting all-time highs, MoonPay—a crypto payments startup that celebrities including Jimmy Fallon and Paris Hilton had praised for its non-fungible token “concierge” service—announced it had completed its first ever outside fundraising: an eye-popping $555 million round at a $3.4 billion valuation from investors including...
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