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Robinhood and SmileDirectClub have filed for IPOs, aiming to list on Nasdaq. The IPO process involves selling new shares (primary shares) to the public, raising funds for the company. Secondary shares refer to shares already owned by insiders, sold during the IPO. The process is regulated by SEC and involves underwriters to facilitate the sale.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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