shareholding

According to the information released by the SEC, Robinhood (HOOD) CEO Tenev Vladimir sold 240,834 shares of the company's stock on September 22 at an average price of $125.33 per share, for a total value of approximately $30.1843 million. After the transaction, his direct holdings decreased to 6,907 shares.

According to the information released by the SEC, Robinhood (HOOD) CEO Tenev Vladimir sold 259,166 shares of the company's stock at an average price of $125.58 per share on September 21, with a total value of approximately $32.5456 million. After the transaction, his direct holdings decreased to 6,907 shares.

According to a report by the Korean News Agency, the stock exchange transaction between Upbit's parent company Dunamu and NAVER Pay, a subsidiary of South Korean internet giant NAVER, may have uncertainties. Data disclosed by the Legislative Investigation Office of the Korean National Assembly indicates that the related transaction may simultaneously face the minimum shareholding ratio for subsidiaries stipulated by the Fair Trade Act, as well as the maximum shareholding ratio limit for major shareholders of virtual asset exchanges.Currently, NAVER Pay does not seem to belong to a holding company, but if it becomes a holding company in the future and includes the exchange as a subsidiary, there may be a situation where two conflicting shareholding standards apply simultaneously, necessitating an adjustment of the governance structure. The Korean Fair Trade Act stipulates that a holding company's shareholding ratio in listed subsidiaries must not be less than 30%, and for non-listed subsidiaries, it must not be less than 50%; for venture capital holding companies, it is 20%. Additionally, the second phase of discussions on South Korean virtual asset legislation also involves setting a shareholding limit for major shareholders of exchanges to reduce the concentration of control and the risk of conflicts of interest among specific shareholders.

According to a report by Yonhap News Agency, the stock swap transaction between Upbit's parent company Dunamu and a subsidiary of South Korean internet giant NAVER may have uncertainties. Data disclosed by the Legislative Investigation Office of the National Assembly of Korea shows that the related transaction may simultaneously face the minimum shareholding ratio for subsidiaries stipulated by the Fair Trade Act, as well as the maximum shareholding ratio limit for major shareholders of virtual asset exchanges.Currently, NAVER Pay does not seem to belong to a holding company, but if it becomes a holding company in the future and includes the exchange as a subsidiary, there may be a situation where two conflicting shareholding standards apply simultaneously, thus requiring adjustments to the governance structure. The Fair Trade Act of Korea stipulates that a holding company must hold at least 30% of the shares in listed subsidiaries and at least 50% in non-listed subsidiaries; for venture capital holding companies, the requirement is 20%. The second phase of discussions on South Korean virtual asset legislation also involves the maximum shareholding limit for major shareholders of exchanges to reduce the concentration of control and the risk of conflicts of interest among specific shareholders.

On August 17, according to the Hong Kong Stock Exchange, JPMorgan increased its holdings in Zhongji Xuchuang H shares on August 12, raising its stake from 15.91% to 16.14%, with an average purchase price of HKD 1084.91.During the same period, JPMorgan increased its holdings in Luxshare Precision H shares, raising its stake from 7.99% to 8.36%, with an average transaction price of HKD 63.67.

The U.S. Securities and Exchange Commission (SEC) documents show that Vanguard Capital Management reported holding 26.6 million Class A shares of SpaceX (SPCX.O).

According to the information released by the SEC, Robinhood (HOOD) director Bhatt Baiju sold 49,223 shares of the company's stock on July 24 at an average price of $95.09 per share, for a total value of approximately $4.68 million. After the transaction, his direct holdings decreased to 3,703 shares.

According to The Edge Malaysia, Malaysia has made comprehensive revisions to the regulations on shareholding and asset declaration for civil servants. The new rules stipulate that public officials can purchase shares in companies registered in Malaysia, but the shareholding ratio must not exceed 5% of the company's paid-up capital or a value of no more than 300,000 ringgit, whichever is lower. Although the upper limit for shareholding remains at 5%, the value limit has been increased from 100,000 ringgit. If officials wish to exceed the shareholding limits, they must apply for approval from designated officials, including the Prime Minister and the Chief Secretary to the Government. The announcement also specifies relevant rules regarding digital assets.Previously, Bloomberg reported in February that the then Chief Commissioner of the Malaysian Anti-Corruption Commission (MACC), Azam, held 17.7 million shares in a financial services company, valued at nearly 800,000 ringgit. This report sparked public debate in the country.

The Hong Kong Stock Exchange information shows that Pop Mart (09992.HK) has welcomed a significant change in major shareholder equity, with Duan Yongping and H&H International Investment, LLC simultaneously increasing their holdings in the company, resulting in a concerted action shareholder ownership ratio of 5.69%, triggering mandatory disclosure requirements.

According to market news, based on a court document from the U.S. Securities and Exchange Commission (SEC), Elon Musk is in settlement negotiations with the SEC regarding his acquisition of Twitter (now renamed X) stock.Reports indicate that SpaceX's bankers hope to resolve this matter before potentially launching the largest IPO in history. According to regulations, investors who purchase 5% or more of a public company's shares must disclose their ownership within 10 days of the purchase. However, Musk disclosed his holdings 21 days after reaching that threshold. He also submitted a "13G" form applicable to passive investors, rather than using the "13D" form intended for activist investors (including those intending to make a takeover bid). Musk's lawyers told the court earlier this month that, at least to some extent, these settlement negotiations were conducted without the involvement of the SEC enforcement attorneys responsible for the case.

For major exchanges like Upbit and Bithumb, the new restrictions will be implemented after a three-year grace period following the enactment of the legislation, while smaller exchanges will receive an additional three years to adapt.This move will force most of South Korea's major cryptocurrency exchanges to undergo significant restructuring, such as Bithumb Holdings currently controlling over 73% of Bithumb, while Binance holds over 67% of Gopax. According to reports, this ownership cap is expected to be included in South Korea's upcoming "Digital Asset Basic Law," which will also cover key topics such as stablecoin issuance and cryptocurrency ETFs.

In response to the South Korean financial authorities' discussion on limiting the shareholding ratio of major shareholders in virtual asset exchanges to the range of 15% to 20%, several scholars expressed cautious attitudes at the seminar on "The Direction of Institutionalization of Stablecoin Issuance and Trading Infrastructure" held on January 16. Professor Moon Cheol-woo from Sungkyunkwan University's Business School pointed out that forcibly compressing the shareholding ratio of major shareholders may touch upon property rights protection issues, posing a risk of unconstitutionality.He also mentioned that comparing the equity structures of Binance and Coinbase, it is not uncommon globally for founders to maintain a high shareholding ratio, and such restrictive measures may contradict the international trend of emphasizing responsible management.Additionally, Professor Kim Yoon-kyung from Incheon University believes that directly intervening in the equity structure through ratio limits is too radical and may weaken the industry's innovation and development momentum. Several experts at the meeting suggested that regulatory authorities could guide equity dispersion and compliant development by strengthening the qualification review of major shareholders and improving IPO-related systems, rather than adopting mandatory divestiture arrangements.

According to The Block, the Korea Digital Asset Exchange Alliance (DAXA) issued a statement strongly opposing the government's consideration of setting a cap on the shareholding ratio of major shareholders in digital asset exchanges.On Tuesday, DAXA warned in a statement that the proposed restrictions could "severely hinder" the development of the country's digital asset industry and market, and any attempt to artificially alter the equity structure of private enterprises would undermine the foundation of the emerging industry. DAXA is a self-regulatory organization representing the five major cryptocurrency exchanges in Korea—Upbit, Bithumb, Korbit, Coinone, and Gopax.Earlier this month, the Financial Services Commission of Korea proposed to limit the shareholding ratio of major shareholders in cryptocurrency exchanges to between 15% and 20% to address potential governance risks arising from concentrated ownership. The proposal has sparked controversy as it could apply to existing companies with established equity structures.

According to KBS, the Financial Services Commission of South Korea proposed in the "Basic Digital Asset Act" submitted to the National Assembly to limit the shareholding ratio of major shareholders in the country's four largest virtual asset exchanges, suggesting it be set between 15% and 20%, aimed at preventing a few founders and shareholders from controlling the operation of the exchanges.If this proposal is implemented, Dunamu Chairman Song Ji-heung may be required to forcibly sell about 10% of his shares. Platforms such as Bithumb and Coinone will also face significant changes in governance structure, raising concerns in the industry about excessive government regulation.

ChainCatcher news, according to data from Yahoo Finance, possibly influenced by the debate between Musk and Trump on social media, Tesla's (TSLA) stock price has dropped over 14%, with a market value loss of 153 billion dollars. The current stock price is reported at 286.98 dollars, marking the largest single-day drop in history. Musk holds approximately 12.8% of Tesla shares, and as a result, the market value of this portion has decreased by over 19.5 billion dollars.

ChainCatcher news, according to market news, Fidelity Investments increased the value of its shares in Elon Musk's social media platform "X" by 4.4% in April. As of April 30, the valuation of Fidelity's shares in X Company was $5.51 million.