In this episode of CoinStreet Headlines, we dive into the latest developments in the fintech and crypto sectors. Klarna, backed by Sequoia Capital, is eyeing a U.S. IPO with a valuation of up to $14 billion, while reassigning employees to customer support after acknowledging over-reliance on AI. Stripe takes a stand against banks charging for customer financial data access, urging the U.S. Consumer Financial Protection Bureau to act. Meanwhile, Gemini, the crypto exchange founded by the Winklevoss brothers, has filed for an IPO to raise $317 million. We also explore the concentration of Ethereum holdings, revealing that 61% of all ETH is held by just 10 addresses, primarily through staking contracts and institutional investors. Jane King has the latest from the NYSE.
