Matthew Kennedy, senior market strategist at IPO research firm Renaissance Capital, said that if cryptocurrency prices continue to rise, there could be the largest wave of cryptocurrency-related initial public offerings ever in the next year and a half. He said in an interview that as many as 15 cryptocurrency companies could go public.
If Bitcoin stays where it is, I believe it will open the floodgates, Kennedy said. If it stays where it is, it will also support more public issues.
Matthew Kennedy: The next year and a half could see the largest wave of crypto-related initial public offerings in history
2024-06-07 02:52:21
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