Trump’s pro-crypto stance may mean more industry IPOs including Kraken
Bitcoin Foundation Brock Pierce will discuss the top of the first encrypted currency at the White House on “The Bottom.”
Krakeen Cryptocurrency Kaken is preparing for a first year of public offer next year, according to Bloomberg.
The public subscription is expected to take place during the first quarter of 2026 and comes amid the positions supporting the Trump administration on digital assets. The company indicated, in response to Bloomberg, that it is watching the best time for a possible public subscription.
“We recently revealed the most prominent Mali 2024 that they are more transparent about our business, and this is something we started by publishing evidence of reserves, and we will continue to determine the priorities of moving forward.” “We will follow the public markets because it makes sense for our customers, partners and shareholders.”
Kraken, one of the largest encryption exchanges in the world, will join the likes of Coinbase, which is already in general.
| index | protection | last | Changing | % Change |
|---|---|---|---|---|
| currency | Coinbase Global Inc. | 217.45 | +3.28 |
+1.53 % |
On Friday, the White House hosted the first digital assets summit attended by members of the Council of Ministers, including Treasury Secretary Scott Bessen, Minister of Commerce, Howard Lootnick and head of the Small Business Administration, Kelly Lovler.
Trump celebrated the meeting via a post on X.
“Welcome to the top of the first digital assets of the White House. Last year, it promised to make America the power of the Great Bitcoin in the world, and we are taking historical measures to provide this promise. ” -” He said.
Direct encryption prices: Here
The meeting came after Trump signed on Thursday on an executive order to create the Bitcoin Strategic Reserve. Crypto CZAR DAVID SACKS detailed the benefits of the movement through a post on X.
Trump’s encryption lacks strategy before Trump
He wrote: “The reserve will be drawn with Bitcoin owned by the federal government that has been confiscated as part of the procedures for confiscating criminal or civil assets. This means that the taxpayers will not cost ten cents.” “It is estimated that the United States government has about 200,000 Bitcoin; however, there has been no full scrutiny. EO directs full accountability of the bodies of the digital government of the federal government. The United States will not sell any bitcoin deposited in the reserve.
Bitcoin, whose highest level has ever was 106,734.51 dollars in December 2024, less than $ 90,000 in US stocks and volatility in American stocks.
Get Fox Business on the Go by clicking here
2025-03-09 22:22:00
