What Happened: David Marcus, co-creator of Facebook, Inc’s (NASDAQ: FB) cryptocurrency project Diem and the head of Facebook Financial, revealed that the company is exploring ways to enter the NFT space.
Key takeaways:
Two Chinese companies, drug maker LianBio and hotel operator Autour, are moving ahead with U.S. IPOs after a three-month pause on such listings
Neither company is using the controversial VIE structure, and neither comes from the sensitive internet sector
By Doug Young