Nisus Finance Services has decided to open its Rs 114-crore initial share sale for subscription on December 4. This will be the first IPO from the SME segment in December and will be the 11th public issue with more than Rs 100 crore in size in current calendar year. The anchor book for institutional investors will be launched for a day on December 3.
Open FlipHong Kong has unveiled a crypto tax exemption proposal to attract hedge funds, family offices and global investors, aiming to rival Singapore and Switzerland as a financial hub. Hong Kong has proposed exempting cryptocurrency gains from taxes for hedge funds, private equity and family investment vehicles in a bid to strengthen its position as a leading crypto financial hub.
Open FlipThe Ethereum ecosystem is seeing increasing value growth, showing growing investor interest in Ethereum-native assets. Ethereum layer-2 (L2) networks have reached a new all-time high of over $51.5 billion in cumulative total value locked (TVL). This marks an over 205% increase in cumulative TVL, from just $16.6 billion in November 2023, L2beat data shows.
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