News > Eight Crypto Firms Eye Initial Public Offerings; Investors Worried About Froth

Eight Crypto Firms Eye Initial Public Offerings; Investors Worried About Froth

Moneycontrol | 24/01/2021 09:55 PM | Click to read full article

The red-hot IPO mart is likely to get hotter as after observing how investors turned around the fortunes of several blank-cheque companies and firms that made their market debuts, at least eight companies dealing in cryptocurrency are planning to go public.

Among the new entrants could be crypto firms such as Coinbase, eToro, MicroBT, Gemini Trust Co, Bitmain Technologies, and Bitfury. In fact, Coinbase, which was valued at over $8 billion in 2018, filed last month to go public.