Markets

2 June 2025

Winklevoss Twins Pursue Wall Street Debut Through Gemini IPO

The Winklevoss twins are making another attempt to enter Wall Street, this time through an initial public offering (IPO). Their cryptocurrency exchange, Gemini, has confidentially submitted a draft registration statement to the U.S. Securities and Exchange Commission (SEC), following in...

1 June 2025

Fintech Startup OatFi Secures $24 Million Funding

OatFi has raised $24 million in new Funding to build out its credit network for B2B payments. The Series A round was led by White Star Capital, with support from existing investors Portage and QED. The company aims to enhance...

1 June 2025

DB Investing Welcomes Ioan Mih As Chief Business Officer

Ioan Mih has joined DB Investing as the Chief Business Officer. Before this move, he served as the Chief Executive Officer at ProperFX, a brokerage company that focuses on trading in forex, commodities, and cryptocurrencies. His tenure at ProperFX lasted...

1 June 2025

Crypto.com Files Federal Lawsuit Against Nevada Gaming Regulators

The derivatives division of the cryptocurrency exchange Crypto.com has started a federal lawsuit against Nevada's gaming regulators. They accuse the state of illegally stopping the company from offering sports-related financial binary event contracts to residents. North American Derivatives Exchange Inc.,...

1 June 2025

Holger Wohlenberg Named valantic FSA Chief Executive

valantic FSA has named Dr. Holger Wohlenberg as its new chief executive. He took over the role on June 1, following the departure of Joachim Lauterbach, who led the company for ten years. The firm said Wohlenberg brings deep experience...

1 June 2025

NAGA Announces Improved Revenue In Q1 2025

The NAGA Group AG has announced an impressive result in its revenue for the first quarter of the year. The company said it wants to reposition itself as a financial super app, and this revenue increase is a response to...

29 May 2025

FOREX.com Expects More Accounts After New AI ID System

Japan’s FOREX.com expects a major increase in new customer accounts after upgrading its identity check process. The platform has transitioned to an AI-powered system designed to streamline the sign-up process. The company believes the change will double the number of...

29 May 2025

XTB UK Profit Surges Over 100% Despite Revenue Slide

XTB Limited, the UK branch of a Warsaw-listed fintech firm, announced strong results for last year. The company’s profit before tax jumped 116% to £374,228 despite a 5% drop in total revenue to £4.51 million. This growth occurred as XTB...