ARK Invest: The Trump administration may reopen the IPO window for U.S. crypto companies
ChainCatcher news, according to BeInCrypto, ARK Invest expressed optimism in its latest communication that Trump's return to the White House could allow digital asset companies like Circle and Kraken to go public and achieve regulatory clarity.ARK Invest stated, "Possibilities include reopening the initial public offering (IPO) window for digital asset companies like Circle and Kraken." The firm noted that potential legislative reforms, such as the Financial Innovation and Technology for the 21st Century Act (FIT21), could clarify regulatory provisions for stablecoins and digital assets. Additionally, the asset management company expects that the "enforcement regulatory" approach of SEC Chairman Gary Gensler will come to an end, which could create a more competitive environment for cryptocurrency companies.