Search results for Venture
Finance
IPOs slump, with many stocks halving after hot subscriptions in market rout
Newly listed stocks in South Korea are struggling after a sharp market fall, with most IPOs trading below their offer prices despite continued strong subscription demand for some deals. Data showed 44 of 48 IPOs this year were below their offer prices as of Nov. 12, with an average return of minus 41.5 percent. Financial authorities began implementing pre-demand forecasting and cornerstone investor rules on Nov. 13.
Crypto
OKXICE to launch tokenised securities exchange on Nov. 23 under SEC \'innovation exemption\'
OKXICE, a joint venture set up by OKX and Intercontinental Exchange, will open a tokenised securities exchange on Nov. 23 local time. The exchange will launch under the U.S. Securities and Exchange Commission\'s \'innovation exemption\' framework. Under the system, issuers can refuse trading of their shares on specific exchanges, and 67 companies had done so as of Nov. 5. OKX and ICE said they confirmed listings for 70 names, including 59 ETFs.
Crypto
Tech Insight: Are crypto specialist VCs dead?
As large crypto venture capital firms expand into areas such as robotics and physical AI, questions are rising over whether crypto specialist VCs are nearing an end. Alliance general partner Imran Khan says crypto VC remains necessary but may not last long. He argues larger funds struggle to meet return targets in crypto alone and expects crypto to blend with other frontier technologies after more market cycles.
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Finance
South Korea targets low PBR firms, Kosdaq overhaul and long-term investing as three tasks
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Crypto
SBI\'s Yoshitaka Kitao replies \'yes\' when asked if he trusts XRP
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Crypto
Billionaire Tim Draper says altcoins are a testbed and innovation ends at bitcoin
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Industry
Jensen Huang steps down as Nvidia CEO, Kress named interim chief
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Finance
FSS urges securities firms to tighten risk controls for CP and IMA
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Mobility
Rivian aims to automate up to 80 percent of auto plant work with robots
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Finance
Shinhan Financial supports Korean startups expanding into Japan, expands exchanges with local investors
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Games & Commerce
Kakao Ventures teams up with AI video platform Higgsfield
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Crypto
Galaxy Digital net investment income jumps 30 percent in Q3 on Ripple valuation gain
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Telecommunications & Media
Space agency to help Korean automotive electronics firms enter global aviation market through Brazil cooperation
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Telecommunications & Media
KT named top in shared growth index for 12th straight year
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AI & Enterprise
South Korea\'s digital and AI competitiveness ranks 10th worldwide, up 8 places
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Industry
Korean battery makers counterattack in ESS to sweep high-value North American market
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Industry
Samsung Electronics showcases technologies from 30 incubated startups
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Industry
88 percent of startup founders get nothing: why selling a company still does not pay