Major US crypto firms target multi-billion valuations in their IPOs

Gemini and Figure are targetting combined valuations exceeding $6.3 billion for their initial public offerings (IPO) as digital asset firms capitalize on renewed investor appetite for public market debuts, Reuters reported on Sept. 2. Blockchain lender Figure Technologies aims to raise up to $526.3 million at a maximum valuation of $4.13 billion. Meanwhile, Gemini exchange The post Major US crypto firms target multi-billion valuations in their IPOs appeared first on CryptoSlate.