Wall Street’s next crypto play may be IPO-ready crypto firms, not altcoins

Wall Street Shifts Focus to Crypto IPO Pipeline Over Altcoin Trading

Wall Street investors are rotating away from early-stage crypto bets toward mature companies preparing initial public offerings, according to research released October 4. Cointelegraph reports that crypto financial services firm Matrixport identified over $200 billion worth of companies in the IPO pipeline. These offerings could raise between $30 billion and $45 billion in new capital.The shift reflects growing institutional preference for regul…

IPO-Ready Crypto Firms, Not Altcoins

Wall Street’s growing interest in late-stage cryptocurrency firms could disrupt the traditional boom-and-bust cycle of digital assets, according to new research. Crypto financial services firm Matrixport said Friday that more than $200 billion worth of crypto companies are preparing initial public offerings (IPOs), which may raise between $30 billion and $45 billion in new capital. Matrixport said investor focus is rotating away from early-stage…

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Wall Street’s next crypto play may be IPO-ready crypto firms, not altcoins

Wall Street’s next big crypto play may be late-stage, IPO-ready crypto firms, not altcoins, according to analysts.