The company behind EOS has also come to the US stock market for an IPO. The developer of EOS ($A), BlockOne, should be the ceiling and ultimate dream for all project teams: after raising $4 billion through ICO, they almost irresponsibly ran away, exchanged for 160,000 bitcoins to lay down and win, and are currently applying for an IPO to enjoy the dividends of cryptocurrency stocks.

1. The year-long ICO for EOS raised $4 billion, and the money is freely available for BlockOne to allocate, without any responsibility for the subsequent construction of the project.

2. After raising (scamming) $4 billion in ETH through the ICO, it was all converted to BTC, and currently holds approximately 164,000 bitcoins, valued at over $17 billion. Their holdings surpass MicroStrategy, making them the second-largest holder of BTC.

3. BlockOne is recently secretly submitting IPO application documents to the US SEC through its crypto trading platform Bullish. Preparing for an IPO, they will enjoy the dividends of cryptocurrency stocks.

Arthur Hayes comments on Circle’s listing: In the coming years, there will be a wave of crypto IPOs, culminating in a sensational IPO similar to EOS, which will attract huge fiat capital and then plummet after the opening.