Shades of grey: Grayscale Sui Trust is now open to qualified investors
Grayscale announced in a post on the X platform that the Grayscale Sui Trust has been opened to qualified investors to support these investors in gaining exposure to SUI. The CoinDesk SUI Reference Rate is said to provide a U.S. dollar-denominated reference rate for the Grayscale SUI Trust's spot price, which utilises real-time prices from multiple constituent trading platforms to provide a representative spot price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Smart ring manufacturer Oura (OURA.US) IPO reportedly oversubscribed by about 4 times
According to market sources, the initial public offering (IPO) of smart ring manufacturer Oura in the US stock market has reportedly been oversubscribed by approximately four times.
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Smart ring manufacturer Oura's IPO was oversubscribed by approximately four times, planning to issue 50 million shares at a maximum price of $44 per share, aiming to raise up to $2.2 billions, with a fully diluted valuation of about $15 billions. Against the backdrop of companies like Holtec Nuclear withdrawing their IPO plans due to market conditions, Oura is expected to become the first major IPO in nearly three months to raise over $1 billion, injecting new vitality into the long-dormant U.S. IPO market.
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