Pantera Capital’s CEO predicts a wave of crypto IPOs as the U.S. regulatory climate improves.
SEC rollback and new OCC guidance are unlocking crypto sector growth opportunities.
Pantera-backed projects like Figure are driving blockchain adoption in traditional markets.
Head of Pantera Capital Dan Morehead, in an interview, revealed that many crypto companies are preparing for public offerings. In the next few months, both Circle and Figure will prepare for their IPOs. This is a significant change for blockchain activity in the United States, as the rules surrounding the industry become friendlier rather than stricter.
Morehead believes the change resulted from recent policy updates. The SEC’s decision to withdraw Staff Accounting Bulletin 121 is an example of this kind of change. New rules from the Office of the Comptroller of the Currency (OCC) now make it easier for banks to interact directly with blockchain. With these changes, new opportunities are becoming available in the sector.
The Next Big Wave in Crypto IPOs
Investor interest in crypto-related companies on U.S. capital markets is on the rise. Companies like MicroStrategy serve as prime exa…
The post Crypto IPO Surge Ahead: Pantera Capital CEO Predicts Major Blockchain Shift appeared first on Coin Edition.
