Category: securities and exchange commision

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Crypto Wallet Provider Exodus Delays NYSE Listing Due to SEC Review

May 9, 2024

Exodus Movement, a prominent crypto wallet company, has announced a delay in its planned listing on NYSE American, the sibling market of the New York Stock Exchange.  The company revealed the development in a late Wednesday press release, citing the ongoing review by the U.S. Securities and Exchange Commission (SEC) as the reason for the delay. NYSE American informed…
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Genesis Converts GBTC Shares into Bitcoin: Acquires 32,000 BTC in Major Move

April 6, 2024

Bankrupt crypto lending firm Genesis has converted approximately 36 million shares of Grayscale Bitcoin Trust (GBTC) into Bitcoin as part of preparations to settle its debts with creditors.  According to a recent report by Bloomberg, the company liquidated the GBTC shares on April 2, at a value of around $58.50 per share at that time. Notably,…
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