by: xpoolPosted on:

Wall Street Eyes IPO-Ready Crypto Firms, Moving Away from Altcoins

Instead of focusing on early-stage crypto investments, Wall Street is now shifting its attention towards established firms poised for initial public offerings (IPOs). According to a new report by Matrixport, more than $200 billion in cryptocurrency businesses are planning IPOs, which could raise as much as $30 billion to $45 billion. This shift away from risky bets on early-stage companies aligns with the growing interest of financial institutions in scaling and public markets.

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