After Trump's election, Wall Street institutions such as Goldman Sachs and JPMorgan began to pay attention to cryptocurrency market clients seeking IPO opportunities
ChainCatcher news, according to The Information, industry insiders say that investment bankers from top Wall Street firms like JPMorgan, Goldman Sachs, and Morgan Stanley have been meeting with cryptocurrency executives, hoping to gain insights into potential initial public offerings (IPOs) that cryptocurrency companies may pursue after the elections. This enthusiasm reflects optimism about improved market and regulatory conditions following Donald Trump's victory in the U.S. presidential election, which could pave the way for companies like Kraken, Fireblocks, and Chainalysis to go public.
It is reported that bankers' interest in the meetings is also different from much of the past two years, during which many investment banks considered the risks associated with cryptocurrency companies too high to engage in business.