Matthew Kennedy: The next year and a half could see the largest wave of crypto-related IPOs ever
Matthew Kennedy, senior market strategist at IPO research firm Renaissance Capital, said that if cryptocurrency prices continue to rise, there may be the largest wave of cryptocurrency-related initial public offerings (IPOs) in history in the next year and a half. In an interview, he said that up to 15 cryptocurrency companies may go public.
Kennedy said, "If Bitcoin continues its current trend, I believe this will open the floodgates. If it stays at its current level, this will also support more public offerings."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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