Peter Thiel

Cathie Wood-led Ark Investment Management on Monday shed about 16,621 shares — estimated to be worth about $2.68 million — in Alibaba Group Holding (NYSE: BABA), nearly decimating all of its exposure held in on of its three exchange traded funds.  Alibaba shares, which have...

California-based payments giant PayPal Holdings Inc (NASDAQ: PYPL) has expanded its crypto services internationally. What Happened: According to a press release on Monday, PayPal has opened up crypto trading for its customers based in the U.K., allowing them to buy, sell and hold cryptocurrencies...

Palantir Technologies Inc (NYSE: PLTR) is one of the most well-known publicly traded companies. The data analytics company is increasing its investments in the SPAC space, which caught the attention of Barron’s recently. Palantir’s SPAC Investments: Barron’s reports Palantir...

Cathie Wood-led Ark Invest continues to pile up shares in Palantir Technologies Inc (NYSE: PLTR). The popular money managing firm on Thursday bought another 368,411 shares shares in the Peter Thiel-co-founded data analytics company on the dip, estimated to be worth about $8.9 million....

Cathie Wood-led Ark Invest on Tuesday further increased the exposure in Palantir Technologies Inc (NYSE: PLTR), continuing its buying spree in the Peter Thiel-co-founded data analytics company on the dip. Ark Invest snapped up 476,114 shares — estimated to be worth $11.4 million —...

Austria-based cryptocurrency exchange Bitpanda raised $263 million of funding, further increasing the firm's already sky-high valuation. What Happened: According to a Tuesday announcement, Bitpanda raised $263 million in its Series C investment round led by PayPal (NASDAQ:...

Cathie Wood-led Ark Invest on Friday snapped up 1.156 million shares — estimated to be worth about $28.78 million — in Palantir Technologies Inc (NYSE: PLTR).   Palantir shares closed marginally higher at $24.90 on Friday, just a day after they soared more than 11% as the...

Peter Thiel-backed Atai Life Sciences (NASDAQ: ATAI) has launched a new portfolio company, Revixia Life Sciences. Revixia Life's primary mission is to develop Salvinorin A (SalA) to treat various mental health disorders. Derived from Salvia divinorum, SalA is a non-...

A digital asset company expected to launch a new cryptocurrency exchange announced a SPAC merger Friday morning. The SPAC Deal: Bullish announced it will merge with Far Peak Acquisition Corp (NYSE: FPAC) in a deal valuing the company at a pro forma equity value of $9 billion. A rumor from...

Cathie Wood-led Ark Investment Management on Wednesday shed more weight in Palantir Technologies Inc (NYSE: PLTR), its second such sale in the data analytics company in recent months.  The investment firm sold 710,825 shares, estimated to be worth about $18.74 million, in the Peter Thiel-...

The crypto exchange Bullish could announce a SPAC deal soon, according to a new report from Bloomberg. What Happened: Bullish is in talks to go public via SPAC Far Peak Acquisition (NYSE: FPAC). The deal could value Bullish at up to $12 billion. Peter Thiel is an investor in the company along...

A decentralized autonomous organization (DAO) called BitDAO was launched after closing a $230 million private sale from major investors and companies from the cryptocurrency space. What Happened: According to an announcement shared with Benzinga on Wednesday, BitDAO received contributions...

This week’s IPO lineup could feature a double digit number of companies hitting the public. Here is a look at some of the largest and most high profile companies going public this week. AMTD Digital: Asian digital solutions platform AMTD Digital (NYSE: HKD) offers risk solutions and digital...

Atai Life Sciences B.V., backed by billionaire investor Peter Thiel, has announced terms for its initial public offering.  See the SEC prospectus here. The German company said it was looking to raise around $214.3 million through a U.S. IPO, targeting a valuation of about...

A SPAC from two billionaires targeting the Southeast Asia market could announce a deal soon, according to a new Bloomberg report. What Happened: TPG Capital and KKR & Co Inc (NYSE: KKR) backed PropertyGuru Pte is nearing a deal to go public with the Bridgetown 2 Holdings Ltd (NASDAQ: BTNB...