People familiar with the discussions said Moneyfarm viewed the proposed valuation as too low. The firms already partner on a stocks-and-shares ISA for eToro customers in the U.K.
HBAR was down 3.75% over 24 hours at about 5 a.m. ET (9 a.m. UTC). An Oct. 22 spot check had also recorded the token
The Toronto Stock Exchange-listed fund set Oct. 30 as its ex-date and record date, with payment scheduled on or about Nov. 6.
Solana’s decentralized finance sector gained 17%, while DePIN rose 6% and Modular climbed 2%.
The base offering would generate $304 million to $336 million in gross proceeds before underwriting discounts and expenses. The proposed terms remain preliminary.
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