Bloomberg: Wall Street's mainstream banks are laying out their cryptocurrency business, optimistic about IPO opportunities during the Trump era

2025-02-11 08:37:08

Collection

ChainCatcher news, according to Bloomberg, several top Wall Street banks are optimistic about the potential development of the cryptocurrency industry during Trump's possible term and are actively adjusting their strategic layout for cryptocurrency business. Morgan Stanley is vying for potential IPO clients, Bank of America executives are discussing advancing transactions for digital asset companies, and Royal Bank of Canada plans to expand its business after completing its first cryptocurrency transaction.

Currently, several cryptocurrency companies such as Gemini, Bullish, Circle, and Kraken are considering IPOs in 2025. Jefferies and JPMorgan are providing consulting for Bullish's potential listing, and Moelis & Co. and Cantor Fitzgerald are also active in this field. Analysts believe that Trump's supportive stance towards the cryptocurrency industry may trigger a new wave of IPOs, stock sales, and convertible bond issuances.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.