Electro-Alfa International, a leading Romanian company in the design, manufacturing, and implementation of electrical equipment and solutions, has published the prospectus of its upcoming listing on the Bucharest Stock Exchange, within an Initial Public Offering (IPO) that may reach RON584 million, as per documents approved by Romania's Financial Supervisory Authority (ASF).
UniCredit Bank SA has secured the approval from the Financial Supervisory Authority (ASF) for a medium-term note issuance program with a total nominal value of up to EUR400 million. The program provides for the issuance of unsecured, senior dematerialized notes, which may be issued in successive tranches.
A potential listing would further legitimize digital asset custody as core market infrastructure rather than a niche service following BitGo's public launch. Digital asset custodian Copper is reportedly weighing an initial public offering (IPO) shortly after rival BitGo debuted on the New York Stock Exchange, underscoring growing institutional appetite for cryptocurrency infrastructure companies. Citing sources close to the discussions, CoinDesk reported Thursday that Copper is exploring its public listing options, with Deutsche Bank, Goldman Sachs and Citigroup among the banks involved. A Copper spokesperson said the company is not currently planning a public listing, but declined to comment on whether the custodian is in early-stage talks about going public. Read more
The raise underscores venture investors’ selective return to infrastructure-heavy crypto bets as DePIN struggles to move beyond early token launches. Crypto-focused venture capital firm Escape Velocity has raised nearly $62 million to invest in decentralized physical infrastructure network (DePIN) projects, signaling continued venture interest in the sector despite a broader slowdown in crypto and technology funding. As first reported by Fortune on Thursday, the raise marks Escape Velocity’s second fund dedicated to backing founders across DePIN and other crypto-native sectors. The fund closed in December and drew support from investors including Marc Andreessen, co-founder of Andreessen Horowitz, and Micky Malka, founder of Ribbit Capital. Cendana Capital, a venture fund-of-funds that invests in early-stage managers, allocated $15 million to the vehicle. Read more