J.P. Morgan: "Increasing Number of Virtual Asset Companies Pursuing IPOs... Impact of Regulatory Easing"
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.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.