A well-known crypto analyst believes a major shift could bring a wave of new investors into digital assets.
Guy Turner of CoinBureau suggested that several prominent crypto firms may soon go public. If that happens, he argues, it could funnel significant capital from traditional finance into the crypto space.
Turner points to companies like Kraken, one of the largest U.S.-based exchanges, Circle, the issuer of USDC, and blockchain analytics firm Chainalysis as likely candidates for initial public offerings (IPOs).
He believes such moves could attract institutional investors, particularly as regulators like the SEC adopt a more favorable stance toward the industry. A more mature and legitimized market could encourage those accustomed to traditional equities to explore digital assets.
He also speculates that the trend of crypto firms going public could spark a resurgence of initial coin offerings (ICOs). With the right regulatory framework, ICOs might once again become a popular way for blockchain companies to raise capital directly from crypto-savvy investors.
While this transition isn’t imminent, Turner sees it as a natural evolution for the industry. He envisions a future where ICOs take the place of IPOs and native tokens function as digital stocks, opening the door for massive investment opportunities.
Some experts believe that gold-backed stablecoins could become a dominant force in global finance, offering an alternative to digital assets pegged to the US dollar.
Toncoin (TON), a layer-1 blockchain project, has secured over $400 million in funding from venture capital firms, according to its development team.
Tether, the issuer behind the popular USDT stablecoin, is reportedly in talks with a top accounting firm to initiate a comprehensive audit of its asset reserves to confirm the 1:1 backing of its tokens.
Germany’s financial regulator, BaFin, has intervened to stop Ethena GmbH, a subsidiary of the Frankfurt-based Ethena Labs, from offering its USD-pegged stablecoin, USDe, to the public.