Hyperliquid's token, HYPE, saw a 10% increase, reaching $39. 70. This surge came after the company filed a Form S-1 with the SEC. They aim to raise up to $1 billion through a public offering of 160 million shares. Part of this money will be used to buy HYPE tokens, linking the company's equity raise
In a significant shift, major financial players are diving into the crypto world. Apollo Global Management, Oppenheimer, Jane Street, and HSG have all invested in Kraken, a top crypto exchange. This investment values Kraken at a whopping $15 billion. It's a clear sign that big institutions are getti
Fannie Mae and Freddie Mac, the big names in the U. S. housing market, might soon go public. This is not new news, but it is gaining traction. These companies have been under government control since the 2008 financial crisis. Now, there's talk about making them public again, possibly by the end of
Melanoma, a tough-to-treat skin cancer, has been a challenge for doctors. It's aggressive and often resists treatment. But here's some good news: scientists have created a smart patch that could change the game. This patch uses tiny needles to deliver medicine right where it's needed. The medicine,
Lipoprotein(a), or Lp(a), is a type of fat in the blood that can increase the risk of heart disease. Unlike other lipids, Lp(a) is mostly determined by genes. Many believe it stays the same in a person over time. However, a recent study looked at over 230, 000 adults to see if Lp(a) levels can chang
A new player is about to shake things up in South Africa's stock market. Optasia, a fintech company that uses AI, is planning a major move. They want to raise a lot of money by selling shares. The goal is to get 6. 3 billion rand, which is about $365 million. This would be the biggest IPO in South A
A company named Phaos Technology (Cayman) Holdings Ltd. is gearing up for its initial public offering (IPO) around August 25th. They aim to raise $12. 15 million by selling 2. 7 million shares at $4. 00 to $5. 00 each. This firm specializes in advanced microscopy technology, offering tools that can
Figma's initial public offering (IPO) has been a huge success. But here's an interesting twist: Lina Khan, who used to lead the Federal Trade Commission (FTC), sees this as a big win for her approach to regulating big tech companies. Back in 2023, Adobe tried to buy Figma for a whopping $20 billion
Figma's stock has seen a massive surge, up 255% since its IPO. This surge has left many wondering if it's a good time to invest. Figma, founded in 2012, is known for its design software that aids collaboration. The company is expanding its reach, with over two-thirds of its users now being non-desig
The idea that AI will soon outsmart humans is gaining traction, but not everyone is convinced. Dylan Field, the head of Figma, a popular design software company, recently shared his thoughts on the matter. He believes that while AI is advancing rapidly, the notion of superintelligent machines taking
