ROUNDUP: Grindr and the Cartoon Ape

GRINDR GOES VERY PUBLIC

Grindr, a gay dating app, started trading on the New York Stock Exchange Friday after merging with blank-check company Tiga Acquisition in a $2.1 billion deal. Shortly after Grindr executives rang the bell at the New York Stock Exchange, shares of the stock shot up more than 300%.

CRYPTO CRASH KILLS JUSTIN BIEBER’S $1.3M CARTOON APE

Pop star Justin Bieber bought Bored Ape #3001 in January for about $1.3 million. As of Thursday, the value of the NFT had fallen to about $70,000. Owners of non-fungible tokens, a type of digital collectible, have been panic-selling amid the collapse of cryptocurrencies, which rely on the same blockchain technology to establish ownership.