Capital markets news | Wed 5 Feb 2025
Equity
- RichTech IPO oversubscribed 245 times Edge NST Star
- Sersol shareholder sells entire stake at 93% discount Edge
- Investor questions extending Great Eastern trading suspension Edge
- Accel backs Indian startup building AI for presentations Yahoo
- Peter Thiel-backed cryptoasset exchange operator weighs IPO Yahoo
- Oil and gas producer Encino’s owner mulls USD7b IPO or sale Yahoo
- Cherry Ventures raises USD500m to seed European companies Edge
- Investors with USD6.8t warn EU not to bow to ESG backlash Edge
Digital assets
- Trump’s crypto czar says Golden Age coming Coindesk
- SEC lays out 10 priorities for new crypto task force Coindesk
- US lawmakers plan to move first on stablecoins Yahoo
- US pro-crypto regulation likely by Nov Coindesk
- Bitcoin hits below USD97k following David Sacks’ press conference Coindesk
- States beat US federal govt to bitcoin reserve Coindesk
- Utah could be first US state to pass bitcoin reserve bill Cointelegraph
- Kraken secures MiFID license to offer derivatives in Europe Cointelegraph
- More than 50% of validators signal to increase ETH gas limit Cointelegraph
- Andean Medjedovic, the alleged USD48m KyberSwap hacker Cointelegraph
- Ethereum game Moonray to launch on Xbox and PS5 Cointelegraph
- India’s WazirX offers creditors scheme or refunds in 2030 Coindesk
M&A and property
- Ann Joo acquires remaining 45% of industrial land firm Edge Star
- Ge-Shen sells 4.61-acre land in Johor Bahru for RM35m Edge Star
- Senheng sells vacant land in Johor for RM11.21m Edge Star
- SMI bidder gets more time to deliver takeover documentation Edge
- Early bids for Panin Bank stake not meeting sellers’ expectations Edge
- Grab, GoTo accelerate merger talks, aim for deal in 2025 Edge Star Yahoo
- Bajaj Finserv in talks with Allianz on likely JV exits Edge
- KKR raises offer for Fuji Soft in USD4.3b tussle with Bain Yahoo
- Nippon, US Steel say Biden blocked merger amid sham review Edge
- Roblox’s Brookhaven RP game sold by mystery creator Yahoo
Other financial market news
- Trump policies likely to slow Fed’s rate cutting pace Star
- Trump makes Musk a special government employee Edge
- US Treasury sued for giving Musk, DOGE access to sensitive info Cointelegraph
- Salesforce cutting 1k roles while hiring salespeople for AI Edge Star
- It’s an unusually bad time for Trump’s tariffs Yahoo
- Trump’s 2.0 trade war is already fundamentally different from 1.0 Yahoo
- Trade war with China casts dark cloud over new US LNG projects Yahoo
- US tells Panama to end China’s influence of canal or face action Edge
- Airbus hires Goldman for European space tie-up Edge
- Estée Lauder to cut up to 7k jobs in corporate overhaul Edge
- Spain plans to cut working week, sparking backlash from firms Edge
- EU lays out guidelines on misuse of AI by employers, websites and police Edge
