J.P. Morgan: "Increasing Number of Virtual Asset Companies Pursuing IPOs... Impact of Regulatory Easing"

Source
JH Kim

Summary

  • J.P. Morgan stated that the number of virtual asset companies pursuing IPOs is increasing in response to expectations of regulatory easing.
  • Recently, it has been reported that the number of virtual asset companies seeking IPOs has reached a level similar to that of the 2021 bull market.
  • Major virtual asset firms such as Ripple, Kraken, ConsenSys, and Bullish are preparing for IPOs this year.

According to CoinDesk, a cryptocurrency-focused media outlet, on the 13th (local time), J.P. Morgan stated in a recent report that the number of virtual asset companies pursuing IPOs (initial public offerings) in the U.S. is increasing, driven by expectations that the regulatory environment will ease. As a result, venture capital (VC) fundraising is also expanding.

J.P. Morgan specifically explained that, especially this year, the number of virtual asset companies seeking IPOs has reached a level similar to that of the bull market in 2021.

Meanwhile, leading virtual asset companies such as Ripple, Kraken, ConsenSys, and Bullish are preparing for IPOs this year.

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JH Kim

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