The IPO market has significantly cooled since 2021, with companies opting to stay private longer due to easier access to capital, robust secondary markets, and a desire to avoid public scrutiny and regulatory burdens. Recent IPOs have been uneventful, highlighting the shift.
Fifa projects record $15bn revenues from this summer's World Cup, exceeding initial targets by $4bn. The boost, largely from hospitality and ticketing, strengthens Gianni Infantino's position and may influence future US hosting bids.
FIFA World Cup 2026 quarter-final ticket prices have dropped significantly on secondary markets, with some falling nearly 60%. The decline is attributed to the early elimination of co-hosts USA and Portugal, leading to reduced fan interest and increased ticket availability.
US regulators, including FinCEN and the Federal Reserve, proposed a Customer Identification Program (CIP) rule for stablecoin issuers, requiring bank-like onboarding for direct minting and redemption. The rule initiates a debate on identity checks for the vast secondary market, where most stablecoin activity occurs.
Banking trade groups are pressing U.S. regulators for clarity on stablecoin transaction oversight after issuance, arguing that secondary market monitoring is critical to combat illicit finance. Crypto firms previously warned that broad AML rules could harm DeFi.
Aeroflot CEO Sergey Alexandrovsky confirmed the airline is continuing its search for aircraft on the secondary market, a process that has not ceased. The airline plans to increase its fleet to 460 aircraft by 2030.
Philadelphia is positioning itself as an affordable and fan-centric host for the 2026 World Cup, offering low-cost public transport, reasonably priced hotels, and free fan fests, contrasting with other cities facing high costs and revenue pressures.
Hong Kong government will lift resale restrictions on replacement homes for Tai Po fire victims, offering two-year vouchers for second-hand subsidized housing and allowing immediate sale of new flats at negotiated prices.
Build Markets CIO Matt Dines argues investors are mispricing risk for perpetual preferred stocks, citing Strategy's STRC as an example. He highlights the indefinite liquidity and interest rate risks due to the lack of maturity dates. Demand for STRC has surged, with record trading volume as Strategy uses preferred stock to fund Bitcoin purchases.
The current get-in price for a group stage game at the 2026 Fifa World Cup has dropped 17.1 per cent on the secondary market in the past two weeks, according to data from the ticket tracking service TicketData.com on Thursday. The news comes as Fifa released a new batch of World Cup tickets for sale not long after its president, Gianni Infantino, defended the high costs and attributed them to the demand in the US market. The average get-in price (the cheapest ticket available) currently...
On Forge Global, Anthropic shares are hovering around $1 trillion while OpenAI trades at $880 billion — a reversal nobody saw coming three months ago.
