Latest news with #CameronWinklevoss
CNBC
5 days ago
- Business
- CNBC
Crypto-focused Grayscale confidentially files for potential U.S. listing
Crypto-focused asset manager Grayscale said on Monday it has confidentially submitted paperwork with the Securities and Exchange Commission, signaling potential plans for a U.S. listing as bitcoin scales new highs. The move coincides with the start of the "crypto week" in Washington, where lawmakers are set to debate three major bills that could offer long-awaited clarity to the industry. Investor enthusiasm around the bills, which are expected to pave the way for digital assets to potentially be further integrated into traditional finance, has pushed bitcoin above $120,000 for the first time. "All the previous crypto cycles were led by retail in absence of regulatory clarity. However, this cycle has been led by institutions," analysts at Bernstein wrote in a note. Grayscale's announcement comes more than a month after stablecoin giant Circle's blockbuster debut, and could add to a growing cohort of high-profile IPO candidates looking to list in the coming months. Gemini, a crypto exchange run by billionaire twins Tyler and Cameron Winklevoss, is also preparing to go public. Crypto firms have seen a surge of interest since President Donald Trump returned to the White House. So far this year, shares of crypto giants Coinbase and Strategy have jumped 56% and 50%, respectively. Grayscale, founded in 2013, manages over $33 billion of assets across more than 35 investment products. A prominent player in the crypto space, the Stamford, Connecticut-based company also oversees a leading spot bitcoin exchange-traded fund. The company's legal challenge against the SEC was instrumental in paving the way for the approval of spot bitcoin ETFs last year. Confidential filings allow companies to withhold details about their finances and offering terms until closer to the actual listing.
Economic Times
5 days ago
- Business
- Economic Times
Crypto-focused Grayscale confidentially files for potential US listing
Crypto-focused asset manager Grayscale said on Monday it has confidentially submitted paperwork with the Securities and Exchange Commission, signaling potential plans for a U.S. listing as bitcoin scales new move coincides with the start of the "crypto week" in Washington, where lawmakers are set to debate three major bills that could offer long-awaited clarity to the enthusiasm around the bills, which are expected to pave the way for digital assets to potentially be further integrated into traditional finance, has pushed bitcoin above $120,000 for the first time."All the previous crypto cycles were led by retail in absence of regulatory clarity. However, this cycle has been led by institutions," analysts at Bernstein wrote in a announcement comes more than a month after stablecoin giant Circle's blockbuster debut, and could add to a growing cohort of high-profile IPO candidates looking to list in the coming months. Gemini , a crypto exchange run by billionaire twins Tyler and Cameron Winklevoss, is also preparing to go firms have seen a surge of interest since President Donald Trump returned to the White House. So far this year, shares of crypto giants Coinbase and Strategy have jumped 56% and 50%, founded in 2013, manages over $33 billion of assets across more than 35 investment products.A prominent player in the crypto space, the Stamford, Connecticut-based company also oversees a leading spot bitcoin exchange-traded company's legal challenge against the SEC was instrumental in paving the way for the approval of spot bitcoin ETFs last filings allow companies to withhold details about their finances and offering terms until closer to the actual listing.
Time of India
5 days ago
- Business
- Time of India
Crypto-focused Grayscale confidentially files for potential US listing
Crypto-focused asset manager Grayscale said on Monday it has confidentially submitted paperwork with the Securities and Exchange Commission, signaling potential plans for a U.S. listing as bitcoin scales new move coincides with the start of the "crypto week" in Washington, where lawmakers are set to debate three major bills that could offer long-awaited clarity to the enthusiasm around the bills, which are expected to pave the way for digital assets to potentially be further integrated into traditional finance, has pushed bitcoin above $120,000 for the first time."All the previous crypto cycles were led by retail in absence of regulatory clarity. However, this cycle has been led by institutions," analysts at Bernstein wrote in a announcement comes more than a month after stablecoin giant Circle's blockbuster debut, and could add to a growing cohort of high-profile IPO candidates looking to list in the coming months. Gemini , a crypto exchange run by billionaire twins Tyler and Cameron Winklevoss, is also preparing to go firms have seen a surge of interest since President Donald Trump returned to the White House. So far this year, shares of crypto giants Coinbase and Strategy have jumped 56% and 50%, founded in 2013, manages over $33 billion of assets across more than 35 investment products.A prominent player in the crypto space, the Stamford, Connecticut-based company also oversees a leading spot bitcoin exchange-traded company's legal challenge against the SEC was instrumental in paving the way for the approval of spot bitcoin ETFs last filings allow companies to withhold details about their finances and offering terms until closer to the actual listing.
Yahoo
27-06-2025
- Business
- Yahoo
Billionaire slams Zohran Mamdani's chances in New York City race
Billionaire slams Zohran Mamdani's chances in New York City race originally appeared on TheStreet. While the young Indian-American politician Zohran Kwame Mamdani, whose Bollywood-style election campaign went viral, won the Democratic primary for the New York City mayoral election, a leading crypto entrepreneur isn't sure of him winning the final race. On June 24, crypto billionaire Cameron Winklevoss wrote on X that while Mamdani generated primary buzz among the "TikTok crowd," he doubts New Yorkers will elect him during the general election in November. Cameron and Tyler Winklevoss are identical twin brothers who co-founded the Gemini cryptocurrency exchange in 2014. It is among the largest crypto exchanges in the world, turning the Winklevoss brothers into among the world's first Bitcoin there is widespread crypto adoption in New York City, the Democratic mayoral primary was closely watched by the crypto community. The current mayor of New York, Eric Adams, is a strong Bitcoin advocate. In a recent conversation with TheStreet Roundtable host Scott Melker, Adams said he is considering creating a Bitcoin-based investment vehicle for New Yorkers. On the other hand, Mamdani criticized his primary adversary, Andrew Cuomo, for advising the crypto exchange OKX that "broke US law."Cuomo is a veteran Democratic politician who served as the 56th governor of New York from 2011 to 2021. Bloomberg reported on April 2 that OKX hired Cuomo to counsel the crypto exchange while there was a federal probe going on against it for alleged anti-money laundering (AML) violations. The New York mayoral election in November holds immense importance as it can potentially pivot crypto policy in an altogether different direction in the city. Billionaire slams Zohran Mamdani's chances in New York City race first appeared on TheStreet on Jun 25, 2025 This story was originally reported by TheStreet on Jun 25, 2025, where it first appeared. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
27-06-2025
- Business
- Yahoo
Billionaires lash out as socialist Zohran Mamdani wins NYC mayoral primary
Billionaires lash out as socialist Zohran Mamdani wins NYC mayoral primary originally appeared on TheStreet. The young politician Zohran Mamdani recently declared victory in the Democratic primary for the New York City mayoral election, beating former city governor Andrew Cuomo. The 33-year-old Indian-American politician ran an effective election campaign, replete with India's Hindi-language movie quotes and Bollywood actor Shah Rukh Khan's iconic poses. However, it is his socialist economic agenda for NYC that has drawn sharp reactions from crypto industry leaders. Among the most prominent crypto leaders to criticize Mamdani's primary win was the billionaire Cameron Winklevoss. Cameron, along with his identical twin brother Tyler, co-founded the Gemini cryptocurrency exchange in 2014. As Gemini emerged as one of the world's top crypto exchanges, the twins became the world's first Bitcoin billionaires. Cameron Winklevoss doubted the city would elect Mamdani during the general election in November even if the socialist leader successfully wooed what Winklevoss called the "TikTok crowd" this time. Join the discussion with CryptoWendyO on. The Gemini boss later wrote on X that a lot of people had asked him if he will support a candidate who can defeat Mamdani in the NYC mayoral race. He added: "TBH, I'm torn and undecided. Like every other city run by democrats, NYC is a broken kleptocracy. Taxes are astronomical and services are pathetic to nonexistent. Anarchy and socialism are the next logical steps in this story arc." Winklevoss said it's what people in the city have been asking for years, and it would be a waste of money to fight against the tide. However, there is one billionaire who is considering supporting a candidate against Mamdani in the November election. Bill Ackman, the founder and CEO of the hedge fund management firm Pershing Square Capital Management, said an "avowed socialist" like Mamdani lacks the necessary skillset to run a $2 trillion city economy. The billionaire said he is open to sponsoring a write-in candidate against Mamdani and added: "Importantly, there are hundreds of million of dollars of capital available to back a competitor to Mamdani that can be put together overnight (believe me, I am in the text strings and the WhatsApp groups) so that a great alternative candidate won't spend any time raising funds." Crypto entrepreneur Anthony Pompliano was scathing in his criticism of those who voted for Mamdani. Pompliano is the founder and CEO of Professional Capital Management and a vocal Bitcoin advocate. Reacting to the recent political development in NYC, he said that those "who got their brains fried on TikTok" are attacking capitalism. Join the discussion with Scott Melker on. The Bitcoin bull, however, underlined that regardless of who the mayor, governor, or president is, "Bitcoin keeps winning." He added: "Bitcoin was created to be a sovereign, decentralized asset that allowed anyone to benefit from the principles of sound money." Pompliano also said, "In a weird way, the crazier the economic policies of leaders [are], the more Bitcoin will be of benefit to people." As reported earlier, crypto betters on prediction markets nailed Mamdani winning the Democratic mayoral primary, as over 99% of the Polymarket traders bet on the young leader. Join the discussion with Zack Guzman on. New York City's current mayor, Eric Adams, is a strong Bitcoin advocate. Mamdani, on the other hand, hasn't talked about crypto specifically so far, though in the middle of the campaign in early April, he criticized his opponent Cuomo for advising the crypto exchange OKX that "broke US law." Whoever wins the November election will become the mayor of NYC and could potentially reshape the city's crypto policy. Billionaires lash out as socialist Zohran Mamdani wins NYC mayoral primary first appeared on TheStreet on Jun 27, 2025 This story was originally reported by TheStreet on Jun 27, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
