The US SEC closed its investigation into Robinhood’s crypto business without any action, signaling eased crypto regulations under President Trump. This is expected to boost investor confidence in Robinhood, which recently surpassed profit expectations amid increased crypto trading.
The recent stock market slump has pressured startups planning IPOs in India, signaling a tightening IPO window and weakening valuations. Over 20 startups, including Zepto, Groww, Meesho, and Lenskart, are preparing to go public but may need to reconsider valuations due to falling market sentiment.
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