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IPOs are making top investors a fortune — now amateur traders want in

Coinbase employees spray champagne during the company's initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021.Michael Nagle | Bloomberg | Getty ImagesLONDON — Stock market listings are making founders, venture capitalists and large institutional investors a fortune. Now, retail traders are

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Bitcoin is coming to hundreds of U.S. banks this year, says crypto custody firm NYDIG

Bitcoin virtual crypto currency price is displayed on a phone screen in this photo.STR | NurPhoto | Getty ImagesBitcoin may be taking another step towards mainstream adoption, CNBC has learned.For the first time, customers of some U.S. banks will soon be able to buy, hold and sell bitcoin through

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Ripple appoints a former U.S. treasurer to its board amid legal fight with the SEC

Brad Garlinghouse, chief executive officer of Ripple Labs Inc., speaks during a panel discussion at the Singapore FinTech Festival in Singapore, on Monday, Nov. 12, 2018.Wei Leng Tay | Bloomberg | Getty ImagesBlockchain start-up Ripple said Tuesday it had appointed former U.S. Treasurer Rosie Rios to its board, as

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The market for shares of pre-IPO giants is surging. This company is reaping the rewards

The surging fortunes of a generation of giant start-ups like Robinhood and Chime has sparked a race to create the biggest marketplace to trade shares of private companies.One company with an early lead appears to be Forge, a San Francisco-based start-up originally backed by noted technology investors such as

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TravelPerk raises $160 million as investors bet business travel will rebound this year

TravelPerk CEO and co-founder Avi Meir.TravelPerkLONDON — Venture capitalists are pumping hundreds of millions of dollars into corporate travel start-ups in the belief that business trips will rebound in 2021.On Thursday, Barcelona-based TravelPerk announced it had raised $160 million in a new funding round. The investment comprised of both

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A $3.8 billion rival to Twilio in Europe just made a big acquisition to expand in the U.S.

MessageBird founder and CEO Robert Vis.MessageBirdLONDON — Dutch communications software start-up MessageBird said Wednesday that it had raised fresh funding and agreed to acquire commercial email platform SparkPost in a $600 million all-cash deal to help it expand its presence in the United States.MessageBird, which competes with American cloud

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Alphabet profit gets a $4.75 billion boost from investments as start-up valuations soar

People celebrate the UiPath IPO outside the New York Stock Exchange, April 21, 2021.Source: NYSEAlphabet just reported its most profitable quarter ever, thanks in part to a booming IPO market and surging valuations for tech start-ups.In its first-quarter earnings report on Tuesday, Google's parent company disclosed a net gain

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British fintech firm Revolut is laying the groundwork for an expansion into India

The Revolut logo displayed on a smartphone and a PC screen.Pavlo Gonchar | SOPA Images | LightRocket via Getty ImagesLONDON — Revolut, an online banking start-up based in the U.K., is planning an expansion into India.The London-based company announced Thursday that it had tapped Paroma Chatterjee, a former executive

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Mastercard announces an investment and a partnership in Black-owned businesses

Igor Golovniov/SOPA Images | LightRocket | Getty ImagesMastercard announced Tuesday a multimillion dollar investment in Fearless Fund, a venture capital firm founded by Black women with the mission of investing in minority female entrepreneurs.The exact amount was not disclosed.The credit card giant also unveiled a partnership with Greenwood, a

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