Biggest Wave of Crypto IPOs Coming if Crypto Prices Continue Up (Analyst)

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Biggest Wave of Crypto IPOs Coming if Crypto Prices Continue Up (Analyst)
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As bitcoin prices approach another all-time high, the crypto industry is preparing for a potential wave of initial public offerings , according to Bloomberg.

“If Bitcoin stays on its current trajectory, I am sure that would open the floodgates. If it stays at its current level, that would also support more public issues.” Despite battling SEC charges, U.S. crypto exchange Kraken has long had ambitions to go public and is currently in talks to raise a pre-IPO round of capital. On June 6,

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