News Explorer — Circle and Kraken Could Go Public After Trump Wins, Says ARK Invest

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Nov 13, 4:30 pm

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Circle and Kraken Could Go Public After Trump Wins, Says ARK Invest

ARK Invest predicts that a change in leadership, potentially leading to a new SEC chair, could facilitate Initial Public Offerings (IPOs) in the crypto sector. Legislative advancements like the FIT21 and Clarity for Payment Stablecoins Act of 2023 may offer clearer regulatory frameworks for digital assets and stablecoins, aiding companies like Circle and Kraken in their IPO plans.

ARK Invest predicts that a change in leadership, potentially leading to a new SEC chair, could facilitate Initial Public Offerings (IPOs) in the crypto sector. Legislative advancements like the FIT21 and Clarity for Payment Stablecoins Act of 2023 may offer clearer regulatory frameworks for digital assets and stablecoins, aiding companies like Circle and Kraken in their IPO plans.

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