IPO
Singapore-based Nium Pte, which is now valued at about $2 billion and aims to break even ahead of a planned initial public offering (IPO), announced plans to list in the U.S. in the second quarter of 2025. Chief executive Prajit Nanu stressed that predicting market trends is beyond anyone's control, but the main goal for the next year and a half is to be fully prepared.
Nium (formerly Insta ReM) operates a platform that enables businesses to send, spend and receive money globally. In 2020, it formed a partnership with the famous blockchain company Ripple.
Nium (formerly Insta ReM) operates a platform that enables businesses to send, spend and receive money globally. In 2020, it formed a partnership with the famous blockchain company Ripple.
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