FNEX News

Decentralized finance (DeFi) and Web3 were the primary targets of early-stage startup funding from some of the top private investors in the third quarter, research firm Pitchbook said on Tuesday, even as overall venture capital investments declined. Web3 – a …

The crypto venture space has been thrown for a major loop as the world’s largest crypto exchange Binance first signed a letter of intent to buy rival FTX, which had rapidly crumbled in a wild bank-run-like liquidity crunch, and then …

Nobody wants to go public anymore. After a roaring 2021 initial public offering (IPO) market, featuring boldface names like Rivian and Robinhood, private companies are staying private in 2022 since investor risk appetite for new issues has vanished.

Inflection AI, the new artificial intelligence start-up from DeepMind co-founder Mustafa Suleyman and LinkedIn co-founder Reid Hoffman, has secured $225 million in funding, according to a filing with the U.S. Securities and Exchange Commission last week. The funding, first reported by TechCrunch, has …

Although current owners might not be so happy, investors that missed out on owning a stake in some of the most celebrated private companies are getting a second chance. That’s because the investible universe in the private market has never …

FNEX, a leading private securities liquidity platform and fintech-enabled investment bank, announced the launch of the FNEX Institutional Dark Pool — an internal, proprietary software platform and data tool for investment bankers to match institutional, private security transactions. The FNEX …

A challenging first-quarter earnings reporting season got underway this week and investors should be looking for the rare stocks in this tough 2022 market that have momentum going into their results.

The once red-hot SPAC market is becoming a fertile ground for activist investors who push for changes at problematic companies and profit from them. A record number of companies went public over the past two years by merging with special …

ares of Dewa, the Dubai Water and Electricity Authority, surged more than 20% Tuesday as the giant utility company began trading on the public market, marking the first listing of its kind in the region. Shares were trading at 3.02 …

Chinese artificial intelligence start-up SenseTime Group postponed its $767 million Hong Kong initial public offering (IPO) on Monday after being placed on a U.S. investment blacklist. SenseTime said it remained committed to completing the offering and would publish a supplemental prospectus and an …

British fintech start-up Thought Machine has raised $200 million in a fresh round of funding that lifts its valuation above the coveted $1 billion mark. The cash injection was led by Nyca Partners, a U.S.-based venture capital firm that has …

Start-ups in the region are on track to haul in a record $121 billion in funding this year, according to a report from venture capital firm Atomico, roughly three times the $41 billion of capital raised in 2020. It’s the …