• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: There May Be Greater Mobility in the Crypto Industry After Trump’s Victory
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Regulations, Law & Policy > There May Be Greater Mobility in the Crypto Industry After Trump’s Victory
Regulations, Law & Policy

There May Be Greater Mobility in the Crypto Industry After Trump’s Victory

vitalclick
Last updated: November 13, 2024 9:58 am
4 months ago
Share
SHARE

2024 Bitcoin $88,102 At his conference, Donald Trump promised to make the United States the “crypto capital of the world” and announced that SEC Chairman Gary Gensler would be removed from office. As Trump prepares to become the country’s 47th president with his victory last week, the crypto community expects positive changes in the regulatory environment.

Public Offering Opportunities Will IncreaseIPOs Are Not Suitable for Every Company

Public Offering Opportunities Will Increase

Lumida Wealth CEO Ram Ahluwalia stated in the Bits + Bips podcast episode that the IPO market will open. In particular, stablecoin issuer Circle and blockchain analysis firm Chainalysis have the potential to go public, Ahluwalia said. Circle filed for an IPO with the SEC in January, and CEO Jeremy Allaire said they remain committed to going public.

Chainalysis is among the companies deemed suitable for IPO in 2022 with a value of $ 8.6 billion. However, company officials have not commented on IPO plans at this time. Other potential IPO candidates include crypto exchange Kraken, custodian Fireblocks and trading platform eToro.

IPOs Are Not Suitable for Every Company

Quynh Ho, GSR’s head of venture capital and corporate development, emphasized that the IPO process is not suitable for every company. “A company must have stable profitability and be able to accept the obligations of going public,” Ho said.

“IPO is a challenging process that is not suitable for every business.” -Quynh Ho.

Baker & McKenzie attorney Karl Egbert noted that a more crypto-friendly SEC would reduce regulatory risk for some firms. “Reducing regulatory risk will make it easier for some traditional crypto infrastructure companies to consider IPO,” Egbert said.

Companies such as Anchorage Digital and NYDIG are among the suitable candidates for IPO with their stable structures. Anchorage Digital reached a valuation of approximately $3 billion in March 2023, while NYDIG had a valuation of $7 billion in 2021. The listing of crypto companies on the US stock exchange, along with public offerings, will lead to the creation of a kind of global crypto market there.

Finally, IPOs are expected to increase in the crypto sector after Trump’s victory. However, experts state that only some companies can benefit from this process and not every company is suitable for going public. Stability, regulatory compliance and growth potential of crypto companies are among the critical factors for a successful IPO.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

You Might Also Like

Important Statements from Circle CEO, Says It Will Be a Global Financial Infrastructure

Bitfinex Hacker Ilya Lichtenstein Made His First Statement

The Currency Supervision Office (OCC) has stepped back, the crypto will relax

What is the Status of US Cryptocurrency Law? Details on the Working Schedule

HOT DEVELOPMENT: Crypto Coins February 4 Big Day, Eyes at the White House

TAGGED:law
Share This Article
Facebook Twitter Email Print
Previous Article Neiro Pumps 84%, Time to Buy or Wait for Better Entry? Smart Money Rotates to Flockerz and Crypto All-Stars
Next Article Hot Development: Fed’s Cryptocurrency Statements After Trump
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?