Cryptocurrency IPOs

Cryptocurrency IPOs

Cryptocurrency IPOs

While the price of some cryptocurrencies such as bitcoin has recently experienced a dip in price, investors are indicating that cryptocurrency remains a top investment of choice. Financial forecasts appear to remain positive in light of crypto’s ability to overtake other commodities such as gold. Some analysts suggest that crypto remains a better store of value than gold, indicating that crypto could reach a $60 billion market share.

The biggest concern for short-term investors remains the fact that virtual currencies and coins have been sold at depressed prices, indicating the volatility of the crypto market. For long-term investors however, the forecast remains optimistic. For instance, there have been a number of firms offering financing, short-term and long-term lending for virtual coins. These firms regularly issue loans in the $100’s of millions. Such firms typically require a monetary deposit in exchange for virtual coins. Rates of interest vary between 6% and 12%.

If you’re ready to go public, get in touch with one of our securities attorneys today. Call us at 604-930-9578 or 1-800-930-9986. Our experienced counsel are ready to assist you in your next IPO venture.