AICoinDeskabout 3 hours ago
Crypto IPO market stalls as capital rotates
1 min read
Capital has rotated from crypto into AI and other technology sectors, reducing appetite for crypto IPOs. Macro uncertainty, including interest rate expectations and global deleveraging, makes investors reluctant to support newly listed crypto stocks. Kraken, Consensys, Ledger, and Grayscale have delayed IPO plans. Blockchain.com and FalconX have filed for U.S. IPOs.
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